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New Law Could Transform Investment Disclosures

At a Glance

  • Financial media outlet updates legal disclaimer on educational content
  • Disclosure clarifies that market data is for information only
  • Why it matters: Readers get clearer guidance on how to interpret stock data and investment opinions

A major financial media brand has revised the legal language that accompanies its market coverage, according to a notice that appeared in a recent article.

The updated text emphasizes that the information provided is strictly for “informational and educational purposes” and should not be interpreted as investment advice. The disclaimer explicitly states that nothing in its coverage should be “construed as an offer, recommendation, solicitation, or rating to buy or sell securities.”

Data Sources And Limitations

The notice lists the origins of its market data:

  • Real-time prices are supplied by Nasdaq Last Sale
  • Ownership data is provided by LSEG
  • Estimate data comes from FactSet

The brand acknowledges that while it believes its sources are reliable, it offers “no guarantee as to its accuracy, timeliness, or suitability.” This includes information that appears in closed captioning.

Performance And Ownership Disclosures

The disclaimer includes several warnings to readers:

  • Historical investment performance is “no indication or guarantee of future success or performance”
  • Authors or presenters “may own the stocks they discuss”
  • The company makes “no representations or warranties regarding the advisability of investing in any particular securities”

The information is subject to change without notice, and readers are directed to the company’s Terms of Use for guidance on utilizing its services.

Trademark And Copyright Notice

The legal text also serves as a trademark notice, listing the company’s portfolio of branded products:

IBD, IBD Digital, IBD Live, IBD Weekly, Leaderboard, MarketDiem, MarketSurge and other marks are identified as trademarks owned by the media company’s parent organization.

The copyright notice indicates the content is protected through 2026 with all rights reserved.

Key Takeaways

Red caution warning sign overlays data grid with arrows pointing to alert message
  • The revised disclaimer provides clearer boundaries between educational content and investment advice
  • Multiple data providers are credited for market information
  • Trademark protections cover the company’s various financial products and services

Author

  • My name is Jonathan P. Miller, and I cover sports and athletics in Los Angeles.

    Jonathan P. Miller is a Senior Correspondent for News of Los Angeles, covering transportation, housing, and the systems that shape how Angelenos live and commute. A former urban planner, he’s known for clear, data-driven reporting that explains complex infrastructure and development decisions.

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