Webull says House China panel report gets key facts wrong, cites incomplete record

• Webull backed House Select Committee recommendations on tightening U.S. financial regulation, while disputing the report’s process and key conclusions.
• Stated U.S. customer data is stored on AWS in the continental U.S., with China-based staff blocked from access to sensitive information.
• Said the report cited no instances of improper access, transfer, or misuse of U.S. customer data, with no material customer-data cybersecurity incident.
• Stated customer cash and securities are held at U.S.-regulated institutions, with no customer assets held in China or China-based authority to move funds.
• Said the committee paused engagement for about 20 months, then published without giving an opportunity to respond to findings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webull Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-108296), on October 09, 2026, and is solely responsible for the information contained therein.