Congressional Panel Warns of Webull Security Risks Over China Ties

Key Facts

A bipartisan House Select Committee on China found that trading platform Webull is linked in structural ways with the Chinese government. CNBC reported that the investigation aimed to assess potential foreign influence and data security risks associated with Chinese-linked financial platforms operating in the US.

BULL closed at $7.28 on October 6, 2026, with a daily high of $7.44 and a low of $7.26. This regulatory scrutiny on a major retail platform could lead to user churn and potential restrictive legislation as authorities evaluate the security of financial data.