Why Public banned its users from trading in Hertz shares

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Josh here – this week I talked with Jannick Malling, co-founder and CEO of Public, one of the leading trading and investing apps, about the principled stand they took to protect their customers. Sometimes the regulators don’t catch on to potential risks for investors as quickly as they arise. That’s why we need entrepreneurs in the fintech space to live up to the values they say are important to them. Protecting customers from unnecessary losses and inappropriate activity is important. If young investors get exploited or tricked early in the learning process, they may never come back.

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