StocksMedium•5 November 2026•
1 min read
Webull Fined $4.2 Million by Finra Over AML Compliance Failures
Key Facts
1Finra fined Webull $4.2 million for alleged anti-money laundering (AML) violations.
The Financial Industry Regulatory Authority (Finra) fined Webull $4.2 million for alleged anti-money laundering violations. Seeking Alpha reported that the regulator imposed the penalty due to the platform's failure to implement reasonably designed programs for anti-money laundering, identity theft prevention, and best execution.
BULL closed at $5.39 on November 4, 2026, with the stock trading between a day low of $5.24 and a high of $5.48 during that session. The fine stems from oversight and compliance system failures within Webull Corporation's protocols as identified by the regulator.