$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$not sure what regulatory risks regarding privacy data but both are regulated in Singapore, which has high standards of regulatory requirements, so unless China side collects more unauthorised data, what is the issue? Definable as an investor, they do not collect your address or national id number. The People Daily reporter was probably paidby a short seller to cite the 2 brokerages