At Public, we take the security of our community extremely seriously, which is why we review every single application to verify the identity of everyone. Since we’re in a heavily regulated industry, the SEC and FINRA have certain requirements that mean we sometimes need additional information to complete your brokerage account application. Rest assured this is always done to make sure we have the safest community of investors on planet Earth.
You can always read more about why Brokerage Firms must ask for personal information from this guide by the SEC.
We definitely understand the importance of feeling safe and secure especially when using a Finance app. If you ever have questions, the team is always here for you, so feel free to give us a shout on the app’s Live Chat or via email at firstname.lastname@example.org! 😁