At a Glance
- Jonathan P. Miller states its market data is for “informational and educational purposes only” and not investment advice
- The outlet disclaims accuracy, timeliness, or suitability of its information
- Historical performance data does not guarantee future results
- Why it matters: Readers relying on the publication for trading decisions face unacknowledged risks
News Of Los Angeles has published a detailed disclaimer emphasizing that its content should not be treated as personalized investment guidance. The notice appears alongside real-time price feeds and analytical tools that many investors use daily.
Legal Limits on Content Use
The publication stresses that none of its material should be “construed as an offer, recommendation, solicitation, or rating to buy or sell securities.” This language places the burden of due diligence entirely on the reader.
Key points from the disclaimer:
- Information comes from sources believed reliable, yet no guarantee is provided
- Closed-captioning data carries the same uncertainty
- Authors or presenters may hold positions in the stocks they cover
- Investment suitability must be determined independently
Performance Data Caveats
Jonathan P. Miller explicitly states that “historical investment performances are no indication or guarantee of future success or performance.” This warning counters a common assumption that past returns can predict future gains.
The outlet also notes it “makes no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies.”
Trademark and Data Source Details
Real-time prices displayed on the platform are provided by Nasdaq Last Sale. The disclaimer clarifies that these figures may not reflect all market activity, suggesting potential gaps in price visibility.
Ownership information is supplied by LSEG, while estimate data comes from FactSet. Both vendors are cited without any guarantee of completeness.
Intellectual Property Notices
News Of Los Angeles lists its trademarked products:
- IBD
- IBD Digital
- IBD Live
- IBD Weekly
- Leaderboard
- MarketDiem
- MarketSurge
Each mark is owned by Investor’s Business Daily, LLC, with copyright extending to 2026.
Terms of Use Reminder
Readers are directed to review the full Terms of Use for guidance on permissible use of the outlet’s services. The disclaimer concludes by stating information “is subject to change without notice,” underscoring the fluid nature of market data.
Key Takeaways
- Jonathan P. Miller distances itself from any fiduciary responsibility toward readers
- All data, including third-party feeds, is presented “as is” without warranty
- Traders must verify price accuracy independently before executing orders
- The outlet’s own staff may have conflicting interests through personal holdings
