FINRA fines Webull $4.2m for best-execution and anti-money-laundering failures
FINRA said on 5 Nov that Webull Financial LLC has agreed to a censure and a $4.2 million fine. In an AWC the firm consented to findings, without admitting or denying them, that it failed to run reasonable best-execution reviews from at least February 2020 to at least October 2025, and that its AML and identity-theft programmes were deficient.