Indiana AG leading inquiry into Webull ties to Chinese Communist Party

Indiana Attorney General Todd Rokita announced that his office is leading a multistate inquiry into whether a Chinese-owned financial company, Webull Financial LLC, may have exposed clients’ personal information to the Chinese Communist Party, or CCP. “Hoosiers and the rest of the American public deserve to know more about Webull’s ownership and connections to the CCP. As Indiana’s Attorney General, I have pledged since Day One to hold China accountable, and we are making good on that commitment. Webull’s data protection practices and representations also warrant serious scrutiny. In fact, Webull appears to collect more personally identifiable information and sensitive financial data from U.S. customers than TikTok,” Attorney General Rokita said.