Provision record
Webull · Webull Privacy Policy · View original document ↗

Third-Party and Affiliate Data Sharing

High severity Medium confidence Explicit document language Common · 288 of 352 platforms
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Document Record

What it is

Webull may share your personal and financial data with affiliated companies, outside vendors, and marketing partners, including for those third parties' own marketing purposes if you consent.

This analysis describes what Webull's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Data sharing with affiliates and third parties for marketing extends your information beyond the core trading service, potentially making your financial profile and trading behavior visible to a broader network of commercial partners.

Interpretive note: The precise scope of consent required for third-party marketing sharing, and whether the policy's consent mechanism satisfies Regulation S-P opt-out standards, depends on operational implementation and regulatory interpretation.

Clause Stability Stable

0
Changes
6
Months Monitored
Apr 3, 2026
First Seen
May 22, 2026
Last Seen
This clause type exists across 4430 other provisions on other platforms.

Change history

modified Jun 19, 2026

Previous version had no excerpt provided; current version now includes detailed disclosure of specific types of third parties and purposes of data sharing.

View full change record →

Consumer impact (what this means for users)

Your trading activity, financial data, and personal identifiers may be shared with a network of affiliates and third-party marketers, meaning your investment behavior could inform commercial targeting beyond Webull's own communications. If you have provided consent for third-party marketing use, withdrawing that consent may require an affirmative opt-out request.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Delete Your Data
    Contact Webull's privacy team to request opt-out of third-party data sharing for marketing purposes, or to submit a deletion request for personal data held by affiliates and partners. Reference your California or applicable state privacy rights if relevant.

How other platforms handle this

Skillshare Medium

Protect us, our business, our users, and others, for example to enforce our terms of service, prevent spam or other unwanted communications, and investigate or protect against fraud

Squarespace Medium

we may use, retain or share information with law enforcement or others in circumstances where a person's vital interests require protection, such as in the case of emergencies.

Google Gemini Medium

Third-party apps use data from Gemini consistent with their own privacy policies and terms.

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
We may share your personal information with our affiliates, subsidiaries, and business partners. We may also share your information with third-party service providers that perform services on our behalf, such as data analytics, marketing, and customer support. We may share your information with third parties for their own marketing purposes with your consent.

Excerpt from Webull's Privacy Policy

ConductAtlas Analysis

Institutional analysis (regulatory & governance intelligence)

(1) REGULATORY LANDSCAPE: Sharing of customer financial information with affiliates and non-affiliates by a broker-dealer triggers Regulation S-P opt-out notice requirements.

Insight

Unlock the full institutional analysis

Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.

Applicable agencies

  • Federal Trade Commission (ftc)
    Oversees unfair or deceptive business practices and can investigate companies that mislead consumers about data collection, sharing, or use.
    Who can file: Anyone affected by the company's practices (US or international)
    What you need: Your account details, a timeline of relevant events, and a description of the specific issue
    What to expect: Complaints inform FTC enforcement priorities and investigations but do not result in individual resolution or compensation
    File a complaint →
  • Securities And Exchange Commission (sec)
    Regulates securities markets and investment platforms. Can investigate broker-dealers, investment advisers, and trading platforms for violations of securities laws.
    Who can file: Anyone with knowledge of a possible securities law violation
    What you need: Description of the potential violation, names of individuals or companies involved, relevant dates, and any supporting documents or evidence
    What to expect: Tips are reviewed by SEC staff. The SEC may open an investigation but is not required to take action on every tip. Whistleblowers may be eligible for financial awards if the tip leads to enforcement.
    File a complaint →

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Webull Privacy Policy
Entity
Webull
Document last updated
May 5, 2026
Tracking information
First tracked
May 11, 2026
Last verified
May 11, 2026
Record ID
CA-P-000492
Document ID
CA-D-00057
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
52ce27ebbc3f44e8211fd1b42bcf95b713a9bb02589393332f68453da894ec75
Analysis generated
May 11, 2026 03:09 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Webull
Document: Webull Privacy Policy
Record ID: CA-P-000492
Captured: 2026-05-11 03:09:09 UTC
SHA-256: 52ce27ebbc3f44e8…
URL: https://conductatlas.com/platform/webull/webull-privacy-policy/provision/CA-P-000492/third-party-and-affiliate-data-sharing/
Accessed: Sept. 8, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Webull's Third-Party and Affiliate Data Sharing clause do?

Data sharing with affiliates and third parties for marketing extends your information beyond the core trading service, potentially making your financial profile and trading behavior visible to a broader network of commercial partners.

How does this clause affect you?

Your trading activity, financial data, and personal identifiers may be shared with a network of affiliates and third-party marketers, meaning your investment behavior could inform commercial targeting beyond Webull's own communications. If you have provided consent for third-party marketing use, withdrawing that consent may require an affirmative opt-out request.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 288 platforms. See the full comparison.

Is ConductAtlas affiliated with Webull?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Webull.