The great news is at Public we hold all of our members' securities or stocks in street name! What does that mean for you? Securities purchased by you are held at the firm level in book-entry form, and you are the recorded beneficial owner. This means you own the shares you buy!
You can always read more about Street Names in this article explaining street names directly from FINRA.org.
Lastly, Public doesn't offer margin accounts, so all accounts are cash accounts.
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 email@example.com! 😁