Public.com · Public.com Terms of Service · View original document ↗

No Investment Advice Disclaimer

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Document Record

What it is

Public.com states that the content and tools on its platform do not constitute investment advice, and you are solely responsible for your own investment decisions.

This analysis describes what Public.com's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This disclaimer operates to define the nature of content provided through the platform and to establish the scope of Public.com's responsibility for user reliance on that content. The provision clarifies that professional advisory relationships are not established through the services.

Clause Stability Stable

0
Changes
3
Months Monitored
Apr 3, 2026
First Seen
Apr 17, 2026
Last Seen
This clause type exists across 912 other provisions on other platforms.

Consumer impact (what this means for users)

Users who rely on Public's platform features — including AI-generated insights, community posts, or analyst content — do so entirely at their own financial risk, as the platform accepts no responsibility for the accuracy or suitability of that information. This is especially important given Public's AI and 'Agentic' investment features.

How other platforms handle this

OpenAI Medium

Our Services may produce inaccurate information about people, places, or facts. Outputs from our Services should not be relied upon as a sole source of truth or for professional advice. You should not use our Services as a substitute for the advice of a qualified professional such as a doctor, lawye...

Windsurf Medium

We have implemented appropriate technical and organizational security measures designed to protect the security of any Personal Information we process. However, despite our safeguards and efforts to secure your information, no electronic transmission over the Internet or information storage technolo...

Grammarly Medium

THE SERVICES ARE PROVIDED 'AS IS' AND 'AS AVAILABLE' WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. GRAMMARLY DOES NOT WARRANT THAT THE SERVICES WILL BE UN...

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▸ View Original Clause Language DOCUMENT RECORD
"
YOU ACKNOWLEDGE AND AGREE THAT: (1) THE CONTENT PRESENTED ON THE SERVICES ARE NOT INTENDED TO PROVIDE YOU OR ANYONE ELSE WITH INVESTMENT, LEGAL, TAX, INSURANCE OR ANY OTHER KIND OF PROFESSIONAL ADVICE; AND (2) PUBLIC.COM IS NOT RESPONSIBLE FOR AND DISCLAIMS ANY AND ALL LIABILITIES FOR ACTIONS TAKEN BY YOU BASED ON CONTENT PRESENTED ON THE SERVICES.

— Excerpt from Public.com's Public.com Terms of Service

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

The investment advice disclaimer is standard for non-advisory broker-dealers but requires careful assessment given Public's AI-driven features (e.g. 'Alpha', 'Generated Assets', 'Agentic') which may blur the line between execution and advisory services under SEC and FINRA standards. Compliance teams should monitor whether these tools trigger investment adviser registration requirements under the Investment Advisers Act of 1940.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • Securities And Exchange Commission (sec)
    Regulates securities markets and investment platforms. Can investigate broker-dealers, investment advisers, and trading platforms for violations of securities laws.
    Who can file: Anyone with knowledge of a possible securities law violation
    What you need: Description of the potential violation, names of individuals or companies involved, relevant dates, and any supporting documents or evidence
    What to expect: Tips are reviewed by SEC staff. The SEC may open an investigation but is not required to take action on every tip. Whistleblowers may be eligible for financial awards if the tip leads to enforcement.
    File a complaint →
  • Consumer Financial Protection Bureau (cfpb)
    Regulates consumer financial products and services. Can investigate companies for unfair, deceptive, or abusive financial practices including improper fees, billing errors, and data misuse.
    Who can file: Anyone who has used a consumer financial product or service in the US
    What you need: Account number or details, dates of transactions or events, description of the issue, and any supporting documents
    What to expect: The company must respond within 15 days. The CFPB forwards your complaint and may use it in enforcement actions. Individual compensation is possible in some cases.
    File a complaint →

Applicable regulations

FTC Act Section 5
United States Federal

Provision details

Document information
Document
Public.com Terms of Service
Entity
Public.com
Document last updated
May 5, 2026
Tracking information
First tracked
March 8, 2026
Last verified
March 9, 2026
Record ID
CA-P-000510
Document ID
CA-D-00058
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
1e9ea08b0bc036684624a23874dc677c9b8a8ebbc541222707189661506371d8
Analysis generated
March 8, 2026 13:54 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Public.com
Document: Public.com Terms of Service
Record ID: CA-P-000510
Captured: 2026-03-08 13:54:24 UTC
SHA-256: 1e9ea08b0bc03668…
URL: https://conductatlas.com/platform/publiccom/publiccom-terms-of-service/no-investment-advice-disclaimer/
Accessed: June 10, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Public.com's No Investment Advice Disclaimer clause do?

This disclaimer operates to define the nature of content provided through the platform and to establish the scope of Public.com's responsibility for user reliance on that content. The provision clarifies that professional advisory relationships are not established through the services.

How does this clause affect you?

Users who rely on Public's platform features — including AI-generated insights, community posts, or analyst content — do so entirely at their own financial risk, as the platform accepts no responsibility for the accuracy or suitability of that information. This is especially important given Public's AI and 'Agentic' investment features.

Is ConductAtlas affiliated with Public.com?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Public.com.