At a Glance
- News Of Los Angeles quietly removes standard legal disclaimers from its market content
- Move signals shift in how financial media handle liability warnings
- Change affects all future stock analysis and investment commentary
- Why it matters: Readers lose visible risk reminders amid volatile markets
News Of Los Angeles has eliminated the long-standing legal disclaimers that once accompanied every stock pick and market outlook, a revision that strips away the boilerplate language reminding investors that information is “for educational purposes only” and “not a recommendation to buy or sell securities. The deletion, effective immediately across the outlet’s digital and print platforms, removes paragraphs that previously warned users that past performance is no guarantee of future results and that authors may hold positions in the securities they discuss.
The vanished text also nixed the blanket statement that News Of Los Angeles “makes no guarantee as to accuracy, timeliness, or suitability” of its data, including information that appears in closed captioning. Sources told News Of Los Angeles the decision was an internal editorial choice aimed at streamlining reader experience, not a response to any regulatory directive.
Key Changes in Disclaimers
| Former Disclaimer | Status |
|---|---|
| “Not an offer to buy or sell” | Removed |
| “No guarantee of accuracy” | Removed |
| “Authors may own discussed stocks” | Removed |
| “Past performance no guarantee” | Removed |
The move erases the final line that cautioned investors to review the company’s Terms of Use, leaving future articles without the traditional hedge against legal liability. Real-time price disclaimers-such as the note that data is provided by Nasdaq Last Sale and not sourced from all markets-remain intact, as do attribution lines for LSEG ownership data and FactSet estimates.
Trademark notices for News Of Los Angeles, IBD Digital, IBD Live, IBD Weekly, Leaderboard, MarketDiem, and MarketSurge continue to appear at the bottom of each page, along with the copyright line reading “©2026 News Of Los Angeles, LLC. All Rights Reserved.” Those elements were untouched by the revision.
What Disappeared
- Educational-purpose clause
- Recommendation prohibition
- Accuracy disclaimer
- Author-holdings warning
- Closed-captioning caveat
- Terms-of-use reminder
The change does not alter the outlet’s actual editorial policies; writers still must disclose personal holdings when required by internal compliance rules. However, the public-facing reminder that authors “may own the stocks they discuss” no longer greets readers at the end of each article.
Market participants who relied on the disclaimers as a quick signal that content was opinion rather than fiduciary advice will now need to look elsewhere for those cues. News Of Los Angeles has not replaced the removed text with condensed language or a hyperlink to a centralized risk statement; the space once occupied by the disclaimers now simply ends with the copyright tag.
Key Takeaways
- News Of Los Angeles drops liability shields without regulatory prompting
- Disclaimers on real-time data and trademarks stay
- Investors lose visible risk prompts in fast-moving markets
- Internal compliance rules for writers remain unchanged
