Webull to Pay $4.2 Million Finra Fine Over Compliance Issues

Online retail brokerage Webull Financial LLC will pay 4.2 million dollars to settle Financial Industry Regulatory Authority charges related to anti-money laundering controls and identity theft protections, FINRA announced Thursday. The settlement addresses violations the regulator said occurred during the firm's rapid growth period. Webull did not admit or deny the charges as part of the settlement.

• Bloomberg — Webull to Pay $4.2 Million Finra Fine Over Compliance Issues

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