Financial Disclaimers

Last Updated: December 26, 2024

IMPORTANT: Please Read Carefully

This page contains important disclaimers and disclosures regarding the PRUF platform. By using PRUF, you acknowledge that you have read, understood, and agree to all disclaimers set forth below. If you do not agree with these disclaimers, you should not use our service.

1. Not Financial Advice

PRUF IS NOT A REGISTERED INVESTMENT ADVISOR, BROKER-DEALER, OR FINANCIAL PLANNER.

The information provided on PRUF (the "Platform"), including but not limited to trading signals, performance data, rankings, returns, win rates, and any other content (collectively, "Content"), is provided for INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY and does NOT constitute:

  • Investment advice
  • Financial advice
  • Tax advice
  • Legal advice
  • A recommendation to buy, sell, or hold any security
  • A solicitation or offer to buy or sell any security
  • Personalized investment recommendations

NOTHING ON THIS PLATFORM SHOULD BE CONSTRUED AS INVESTMENT ADVICE OR AS A RECOMMENDATION TO PURCHASE, SELL, OR HOLD ANY SECURITY OR OTHER INVESTMENT.

All Content is impersonal and not tailored to the investment needs of any specific person. You should not make any investment decision based solely on information obtained from this Platform without consulting with a qualified financial professional who can take into account your individual financial situation and goals.

2. No Fiduciary Relationship

By using PRUF, you acknowledge and agree that:

  1. PRUF is NOT your investment advisor, broker, or fiduciary.
  2. No fiduciary, advisory, or professional relationship is created between you and PRUF, its owners, operators, employees, affiliates, or any influencers whose performance is tracked on the Platform.
  3. PRUF does not owe you any duty of care, loyalty, or any other fiduciary duty.
  4. You are solely responsible for your own investment decisions and any resulting gains or losses.
  5. Any reliance you place on information obtained from this Platform is strictly at your own risk.

3. Past Performance Disclaimer

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

The performance data, returns, win rates, and other historical information displayed on PRUF represent PAST RESULTS and should NOT be interpreted as:

  • A guarantee or promise of future performance
  • An indicator of future returns
  • A prediction of how any investment will perform
  • A reliable basis for making investment decisions

Historical performance information is provided for informational purposes only and reflects results that were achieved under specific market conditions that may not be repeated. Market conditions change continuously, and past success does not guarantee future results.

The tracked influencers' historical trading performance:

  • May not continue in the future
  • May vary significantly from displayed results
  • Is subject to market volatility and unforeseen events
  • Should not be the sole basis for any investment decision

4. Regulatory Status & Compliance

Investment Advisers Act of 1940

PRUF operates as a publisher of financial information under the "publisher's exclusion" of Section 202(a)(11) of the Investment Advisers Act of 1940. PRUF qualifies for this exclusion because:

  • Impersonal Advice: All information provided is impersonal and not tailored to the individual needs of any specific user, subscriber, or investor.
  • Bona Fide Publication: PRUF is a bona fide publication that provides disinterested commentary and analysis of publicly available trading information.
  • Regular Publication: Content is published on a regular basis and is not issued in response to specific securities events.
  • No Investment Discretion: PRUF does not have or exercise any investment discretion over user accounts.
  • General Circulation: Content is made available to the general public and is not targeted at specific individuals.

PRUF IS NOT:

  • A registered investment adviser under the Investment Advisers Act of 1940
  • A registered broker-dealer under the Securities Exchange Act of 1934
  • A member of FINRA (Financial Industry Regulatory Authority)
  • Registered with or regulated by the SEC or any state securities regulatory authority

Nothing on this Platform constitutes a solicitation, offer, opinion, or recommendation by PRUF to buy or sell any security, or to provide legal, tax, or investment advice or services. We are not responsible for ensuring compliance with any applicable securities laws in your jurisdiction.

5. Hypothetical & Calculated Performance

Performance data displayed on PRUF may include HYPOTHETICAL, CALCULATED, OR DERIVED PERFORMANCE RESULTS that have inherent limitations:

Hypothetical Performance Limitations

  • Hypothetical results are based on certain assumptions that may or may not occur
  • Hypothetical performance is prepared with the benefit of hindsight
  • No representation is being made that any account will or is likely to achieve profits or losses similar to those shown
  • There are frequently sharp differences between hypothetical performance results and actual results

Calculated Returns Limitations

  • Performance calculations are based on publicly available information from social media posts
  • Entry and exit prices may be approximated based on the timing of public posts
  • Actual execution prices achieved by any investor may differ significantly
  • Calculations do not account for slippage, commissions, fees, or other transaction costs
  • Results assume immediate execution at the prices stated, which may not be achievable in practice

IMPORTANT: One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. The ability to withstand losses or adhere to a particular trading program in spite of trading losses are material points which can adversely affect actual trading results.

6. Data Accuracy & Completeness

PRUF makes NO WARRANTIES, EXPRESS OR IMPLIED, regarding the accuracy, completeness, timeliness, or reliability of any information displayed on the Platform.

Important Data Limitations

  1. Source Data: Performance data is derived from publicly available social media posts and may contain errors, omissions, or misinterpretations.
  2. No Verification: PRUF does not independently verify the accuracy of trading signals or claims made by tracked influencers.
  3. Timing Issues: There may be delays between when a trade is executed by an influencer and when it is publicly posted or detected by our systems.
  4. Interpretation: The interpretation of trading signals from social media posts involves subjective judgment and may not accurately reflect the influencer's actual trading activity.
  5. Incomplete Information: Tracked influencers may not publicly disclose all of their trades, positions, or portfolio holdings.
  6. Changes Without Notice: Performance data and rankings may change at any time without notice as new information becomes available.
  7. Third-Party Data: Some data may be obtained from third-party sources. PRUF is not responsible for errors in third-party data.

YOU UNDERSTAND AND AGREE THAT ALL INFORMATION IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND.

7. Investment Risk Warnings

TRADING AND INVESTING IN SECURITIES INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR EVERY INVESTOR.

You should carefully consider whether trading or investing in securities is appropriate for you in light of your financial condition, investment experience, and risk tolerance. You should be aware that:

  • Loss of Principal: You could lose some or all of your invested capital. Never invest money you cannot afford to lose.
  • Market Volatility: Securities markets are inherently volatile. Prices can fluctuate significantly in short periods.
  • Leveraged Trading: Trading on margin or using leverage amplifies both gains and losses. You could lose more than your initial investment.
  • Options and Derivatives: Trading in options and other derivatives involves additional risks. Options can expire worthless.
  • Short Selling: Short selling involves unlimited risk, as there is no cap on how high a stock price can rise.
  • Day Trading: Day trading is extremely risky and can result in substantial financial losses in very short periods.
  • Low Liquidity: Some securities may have low trading volume, making it difficult to buy or sell at desired prices.
  • Small and Micro-Cap Stocks: Stocks with low market capitalization are subject to greater volatility, lower liquidity, and less publicly available information.
  • No Guarantee of Execution: There is no guarantee that you will be able to execute trades at the prices displayed or referenced.
  • Foreign Investments: Investing in foreign securities involves additional risks including currency fluctuation and political instability.

8. User Responsibility

By using PRUF, you acknowledge and agree that:

  1. Independent Decisions: You are solely responsible for making your own independent investment decisions. Any trades you make are your own responsibility.
  2. Own Research: You will conduct your own research and due diligence before making any investment decision. You will not rely solely on information from this Platform.
  3. Professional Advice: You will consult with qualified professionals as appropriate before making investment decisions.
  4. Understanding of Risks: You have read and understand the risk warnings provided and acknowledge that investing involves substantial risk of loss.
  5. Financial Capacity: You will only invest money that you can afford to lose without affecting your standard of living.
  6. No Reliance: You will not hold PRUF, its owners, operators, employees, or affiliates responsible for any trading losses or other damages.
  7. Compliance: You are responsible for ensuring that your trading activities comply with all applicable laws and regulations.
  8. Verification: You will independently verify any information obtained from this Platform before taking action.

9. Age & Eligibility Restrictions

Access to and use of PRUF is restricted to individuals who:

  • Age Requirement: Are at least eighteen (18) years of age, or twenty-one (21) years of age if required by the laws of your jurisdiction. You must be of legal age to enter into binding contracts and to lawfully trade securities in your jurisdiction.
  • Legal Capacity: Have the legal capacity to enter into these terms and are not barred from doing so under any applicable laws.
  • Jurisdictional Compliance: Are located in a jurisdiction where access to this Platform and the information contained herein is legal.
  • Not a Restricted Person: Are not subject to economic sanctions or on any list of prohibited or restricted parties.

10. Jurisdictional Limitations

PRUF is operated from the United States. The information provided on this Platform:

  • United States Focus: Is intended primarily for residents of the United States and may not be appropriate for individuals in other jurisdictions.
  • Not a Global Offer: Does not constitute an offer or solicitation to buy or sell securities in any jurisdiction where such offer would be unlawful.
  • Local Laws Apply: Users are responsible for compliance with all applicable local laws and regulations.
  • Restricted Jurisdictions: This Platform may not be used by residents of jurisdictions where dissemination of this type of information is prohibited.
  • No Cross-Border Advice: Nothing on this Platform constitutes investment advice or services in any jurisdiction other than the United States.

Users outside the United States access and use this Platform at their own risk and are responsible for compliance with local laws and regulations.

11. Tracked Influencer Disclaimers

Regarding the trading influencers whose performance is tracked on PRUF:

  1. No Affiliation: PRUF is not affiliated with, endorsed by, or sponsored by any of the tracked influencers unless explicitly stated otherwise.
  2. No Responsibility: PRUF is not responsible for the accuracy of information posted by tracked influencers, their trading decisions, or any losses incurred by following their trades.
  3. Potential Conflicts: Tracked influencers may hold positions contrary to their public statements, buy or sell securities before or after making public recommendations, receive compensation for promoting certain securities, or have material conflicts of interest not disclosed publicly.
  4. No Vetting: PRUF does not vet, verify credentials, or conduct background checks on tracked influencers. Their appearance on this Platform does not constitute an endorsement.
  5. Entertainment Purposes: Many trading influencers provide content for entertainment purposes and may not be qualified to provide investment advice.
  6. Selective Disclosure: Influencers may selectively disclose trades, highlighting winners while omitting losers.

Questions About These Disclaimers?

If you have any questions about these disclaimers or our regulatory status, please contact us:

Related Legal Documents

BY USING PRUF, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO ALL OF THE DISCLAIMERS SET FORTH ABOVE. YOU UNDERSTAND THAT TRADING INVOLVES SUBSTANTIAL RISK AND THAT YOU ARE SOLELY RESPONSIBLE FOR YOUR OWN INVESTMENT DECISIONS.