Scenario description
Assume that by the resolution date, a U.S. congressional, financial-regulatory, or national-security authority imposes, announces, or enters into a binding order, consent agreement, directive, license condition, or comparable enforceable action against Webull or its U.S. brokerage operations tied to reported China-linked structure, workforce, technology, or data/security risks. The action has an operational or compliance effect, such as mandated data-security remediation, limits on technology or personnel access, enhanced disclosures required as a condition of continued operations, restrictions on customer onboarding or services, licensing constraints, or required third-party audits. The exact compliance cost, customer count affected, timing of implementation, and any exemptions are not specified unless stated in the official action.