A statement made to free oneself from responsibility. also called disclaimer.
A disclaimer that disavows legal claim of and responsibility for the accuracy of information obtained from outside sources.
A statement that appears on a securities valuation, research report, or market letter, in which the writer disclaims responsibility for inadvertent errors or omissions in the contents of the material.
A disclaimer in security reports, market letters or other printed matter involving evaluating investments which is intended to absolve the writer from responsibility for the accuracy of information obtained from usually reliable sources. A hedge clause may mitigate liability but writers may still be charged with negligence in their use of information.
The use of a legend to the effect that the information contained in the literature is obtained from specified sources that are believed to be reliable, but that no assurances can be given concerning the accuracy of the information. Such a clause is permissible. The representation, however, cannot be made to a prospective investor to the effect that the legend is designed to relive the BROKER-DEALER from antifraud liability. See SEC Release No. 34-4593.
a contract provision seeking to limit or entirely avoid an investment adviser's civil liability for various types of conduct or omissions arising from the advisory relationship
A clause in a research report or any published document, that attempts to absolve the writer of responsibility for the accuracy of information provided.
A disclaimer used in market letters, research reports, or other printed materials relating to the evaluation of investments. Its intent is to exonerate the writer from responsibility for the information's accuracy. See: Research Department
