Terms & Conditions
As published: November 4, 2022

Please read these Terms of Use (“Terms of Use”) carefully. BRIGHTON Capital Partners LTD, a registered investment adviser https://www.brightoncapitalpartners.net/ (“BRIGHTON”) owns and operates the investment advisory portions of this website, (“Site”). By registering for, logging into, visiting and/or otherwise using the Site in any way, you indicate that you understand and intend these Terms of Use to be the legal equivalent of a signed, written contract, and you accept these Terms of Use and agree to be legally bound by them. If you do not agree to these Terms of Use, please do not access this Site or any pages thereof.
Reservation of Rights
We
reserve the right, at our discretion, to change, modify, add, or remove portions of these Terms
of Use at any time. Your continued use of the Site following reasonable notice of such
modifications will be conclusively deemed acceptance of any changes to these Terms of Use. You
agree that notice of changes to these Terms of Use posted on the Site constitutes reasonable and
sufficient notice. At all times, you are bound by the then-current version of the Terms of Use
and of all applicable laws.
Use of Content
The
Content (as defined below) of this Site is available for informational purposes only. The
posting of Content and access to this Site does not constitute, either explicitly or implicitly,
any provision of services or products by BRIGHTON.
Copyright and Trademarks
This
Site (including the software and files), the computers hosting this Site, and content provided
on this Site, including any text, music and sound, graphics, images, photographs, audio and
video, footage, animations, podcasts, analyses, studies, reports, and downloads (all such
content collectively, the “Content”) are the exclusive property of ARK, are licensed to BRIGHTON,
or are publicly copyrighted, and are protected by law, including United States copyright,
database, trade secret, and trademBRIGHTON law, as well as other state, national, and
international laws and regulations. BRIGHTON is a trademBRIGHTON or registered trademBRIGHTON in
the United States and throughout the world. BRIGHTON reserves all rights with respect to its
proprietary information or material on this Site and will enforce such rights to the full extent
of applicable copyright and trademBRIGHTON law. Except as expressly provided in these Terms of
Use, BRIGHTON does not grant any express or implied rights to you. All rights in the pages and
Content are owned by BRIGHTON and their respective licensors. You agree not to sell, distribute,
publish, broadcast, circulate or commercially exploit Content in any manner without the express
written consent of BRIGHTON. Any downloading or otherwise copying from this Site will not
transfer title to any software or material to you. Unless otherwise noted, ARK, and other brands
featured on the Site constitute our trade/service marks. You agree not to, directly or
indirectly, attempt to register, challenge or contest the validity of BRIGHTON’s ownership of,
such copyrights, trademarks or any other intellectual property of ARK, or assist any third party
in doing so.
Grant of License
BRIGHTON
grants to you a personal, revocable, nonexclusive, nontransferable license to use this Site
conditioned on your continued compliance with these Terms of Use. Limited portions of the
Content available in the public areas of the Site may be accessed, printed and downloaded on an
occasional basis for personal, scholarly, research or non-commercial purposes; provided that all
hard copies contain all copyright and other applicable proprietary rights notices included in
such content and information and/or appropriate attribution to BRIGHTON in a form and manner
acceptable to BRIGHTON. For information on obtaining permission to use any Content beyond the
uses permitted above, please contact BRIGHTON at invest@brighton.top. Unless and
except as otherwise expressly permitted by these Terms of Use, you may not access, copy,
reproduce, modify, create derivative works of, alter, publicly distribute, republish, upload,
post, transmit, publicly perform or display, license, transfer, sell, mirror, frame, “deep
link,” “scrape,” data mine, or otherwise use any information or material obtained from or
through this Site, without written permission from BRIGHTON. Any unauthorized use of this Site or
the Content, or any violation of applicable laws, will terminate the permission granted herein.
No Offer or Investment Advice
Nothing
contained herein constitutes an offer, solicitation or recommendation regarding any investment
management product or service, or the offer to sell or the solicitation of an offer to buy any
security; nor shall any such services be provided, or securities be offered or sold, in any
jurisdiction in which such an offer, solicitation, provision or sale would be unlawful. All Site
Content is subject to applicable statutes and regulations.
The information provided is for informational purposes only. It does not constitute any form of advice or recommendation to buy or sell any securities or adopt any investment strategy mentioned. It is intended only to provide observations and views of the author(s) at the time of writing, both of which are subject to change at any time without prior notice. The information provided does not have regard to the specific investment objectives, financial situation or particular needs of any specific person who may read it, and investors should determine for themselves whether a particular service or product is suitable for their investment needs or should seek such professional advice for their particular situation. Please refer to offering documents for further information concerning specific products.
Any reference to a particular company or security is not an endorsement by BRIGHTON of that company or security or a recommendation by BRIGHTON to purchase or sell such security. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of prior securities’ recommendations
This Site is published in the United States for residents of the United States. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this Site. U.S. investors are advised that not all investments or services described on this Site are available for sale in all states. Any potential investor should satisfy themselves that an investment in an BRIGHTON product is permissible under the rules and regulations of their domicile. The Site is not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of the Site is prohibited. Persons in respect of whom such prohibitions apply must not access the Site.
Forward Looking Statements
Certain of the
statements contained herein may be statements of future expectations, opinions, and other
forward-looking statements that are based on BRIGHTON’s current views and assumptions and involve
known and unknown risks and uncertainties that could cause actual results, performance or events
to differ materially from those expressed or implied in such statements. In addition to
statements which are forward-looking by reason of context, the words “may, will, should,
expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue” and
similar expressions identify forward-looking statements.
The matters discussed herein may also involve risks and uncertainties described from time to time in BRIGHTON’s filings with the U.S. Securities and Exchange Commission. The company assumes no obligation to update any forward-looking information contained herein.
Conflicts of Interest
As a thematic investor
with an open research ecosystem, BRIGHTON and its related persons use online activity as part of
its investment research process. As a result, BRIGHTON and clients as well as its related persons
may (but do not necessarily) have financial interests in securities or issuers that we discuss.
However, any discussion of securities or issuers by BRIGHTON is not a recommendation to buy, sell
or hold any particular security.
Investments
Past
performance is no guarantee of future results. All investments have risks and can lose value,
including their entire value. Equities may decline in value due to both real and perceived
general market, economic, and industry conditions. The value of investments, and the income from
them, can go down as well as up, and you may not recover the amount of your original investment.
Please consult the offering documents of the product or service for additional information on
investment risks. Any tax benefits referred to on this Site are subject to change and their
availability and value will depend on your individual circumstance. Such investments are not
deposits or obligations of, or guaranteed or endorsed by, any bank, and are not federally
insured or guaranteed by the U.S. government, the FDIC, the Federal Reserve Board or any other
agency. Some BRIGHTON products may not be available in or appropriate for a retirement savings
plan. Please contact your financial adviser about any investment restrictions associated with
your particular plan.
No Reliance
Although
BRIGHTON has taken reasonable care to ensure that the information contained within this Site is
accurate, no representation or warranty (including liability towards third parties), expressed
or implied, is made as to its accuracy, reliability or completeness by BRIGHTON or their
contractual partners. Opinions and any other Content are provided by BRIGHTON for personal use
and informational purposes only and are subject to change without notice. Nothing contained on
this Site constitutes investment, legal, tax or other advice and is not to be relied on in
making an investment or other decision.
No Warranty
The
information and opinions contained on this Site, including hyperlinks or references to other
sites, are provided ‘as is’ without any warranty of any kind, either expressed or implied, to
the fullest extent permissible pursuant to applicable law. You are responsible for evaluating
the adequacy, accuracy, reliability, merchantability, non-infringement, completeness of any
information or the content available on the Site or fitness for any particular purpose with
respect to the Site or any of its Content. BRIGHTON further assumes no responsibility for, and
makes no warranties that, functions contained on this Site will be uninterrupted or error-free,
that defects will be corrected, or that this Site or the servers that make it available will be
free of viruses or other harmful components.
Liability Waiver
Neither
BRIGHTON nor any of their respective affiliates, directors, officers, registered representatives
or employees, nor any third party vendor, will be liable or have any liability, whether in
contract, tort, strict liability or otherwise, for any direct, indirect, incidental,
consequential, punitive or special damages arising out of or in any way connected with your
access or use or inability to access or use the Site or reliance on the Content, or any failure
of performance, interruption, defect, delay in transmission, computer viruses or other harmful
components, or line or system failure associated with the site, regardless of our knowledge
thereof.
Where applicable law does not permit the limitation of liability, implied warranties or the exclusion or limitation of certain damages set forth above, the aggregate liability of BRIGHTON shall not exceed one hundred dollars ($100).
Indemnification
You
hereby indemnify, defend, and hold BRIGHTON and any of their respective affiliates, directors,
officers, registered representatives or employees, and any third party vendor harmless from and
against any and all liabilities, judgments, fines, damages, settlements and costs (including
reasonable attorneys’ fees and disbursements) incurred in connection with any claim arising out
of any breach by you of these Terms of Use or claims arising from your use of this Site. You
will cooperate with us in the defense of any claim. We reserve the right, at our own expense, to
assume the exclusive defense and control of any matter otherwise subject to indemnification by
you.
Events Beyond BRIGHTON’s Control
You
expressly absolve and release BRIGHTON and all of its officers, directors, employees, registered
representatives, shareholders, legal representatives, attorneys, agents, successors and assigns,
from any claim of harm resulting from a cause beyond its control including, but not limited to,
the failure of electronic or mechanical equipment or communication lines, telephone or other
interconnect problems, computer viruses or software failures, unauthorized access, theft,
operator errors, severe weather, earthquakes, or natural disasters, strikes or other labor
problems, wars, acts of domestic or foreign terrorism or governmental restrictions. BRIGHTON does
not warrant that this Site will be available at any time or that your access to this Site will
be uninterrupted, timely or free from viruses or other harmful components. BRIGHTON reserves the
right to cease operating this website or to terminate your access and use of any part of this
Site at any time without notice and for any reason.
User Representations
You
represent and warrant to BRIGHTON that you will not use this Site for any purpose that is
unlawful or prohibited by these Terms of Use, including but not limited to attempting or
actually: (a) disrupting, impairing or otherwise interfering with the operation or integrity of
the Site or circumventing any Site security system; (b) collecting any information about other
users of the Site; (c) systematically, or by any automated means, extracting Content or other
information or data contained in the Site to populate databases or other sites; or (d) engaging
in any fraudulent or manipulative activity with respect to issuers, securities or markets.
BRIGHTON may terminate your access and use of any part of the Site for such violations.
You further agree not to: (a) make any representations, warranties or guarantees on BRIGHTON’s behalf or with respect to the Site, Content or data; (b) make any false or misleading representations with regard to BRIGHTON, the Site, Content or data; or (c) participate or engage in any illegal, deceptive, misleading, unethical, or improper practices.
Linked Sites
Certain
hyperlinks or referenced websites on the Site may for your convenience forward you to third
parties’ websites, which generally are recognized by their top level domain name. Any
descriptions of, references to, or links to other products, publications or services do not
constitute an endorsement, authorization, sponsorship by or affiliation with BRIGHTON with
respect to any linked site or its sponsor, unless expressly stated by BRIGHTON. Any such
information, products or sites have not necessarily been reviewed by BRIGHTON and are provided or
maintained by third parties over whom BRIGHTON exercises no control. BRIGHTON expressly disclaims
any responsibility for the content, the accuracy of the information, and/or quality of products
or services provided by or advertised on these third-party sites to the extent permitted by
applicable law. BRIGHTON reserves the right to terminate any hyperlink or hyperlinking program at
any time.
Information Submitted By You
BRIGHTON’s
usage of your personal information is governed by our Privacy Policy, which forms part of these
Terms of Use. You should not submit any confidential or proprietary information via the Site. By
submitting any information or material to us through the Site, you grant us an unrestricted,
irrevocable, worldwide, royalty-free, non-exclusive license to use, reproduce, display, perform,
modify, transmit and distribute those materials or information. You also agree that BRIGHTON is
free to use for any purpose any ideas, concepts, know-how or techniques that you submit to us
through the Site. BRIGHTON shall not be subject to any obligations of confidentiality regarding
submitted information, except as agreed to by BRIGHTON or as otherwise specifically agreed or
required by law. You agree not to use this Site to upload, display or distribute any materials
that are defamatory, threatening, obscene, harassing, or otherwise unlawful, or that incorporate
the copyrighted, confidential or proprietary material of any other person or entity. To the
extent that you interact with BRIGHTON on social media platforms, remember that the manner in
which social media platforms use, store, and disclose your information is governed by those
third-parties.
Jurisdiction, Severability
Any
action arising out of these Terms of Use or the Site shall be litigated in, and only in, courts
located in New York, and you agree to submit to the exclusive jurisdiction of those courts and
further agree that they are a convenient forum for you.
In the event that any provision of these terms is held unenforceable, the validity or enforceability of the remaining provisions will not be affected, and the unenforceable provision will be replaced with an enforceable provision that comes close to the intention underlying the unenforceable provision.
Social Media Disclosure
BRIGHTON
and those that post on BRIGHTON’s behalf could be a client or investor in BRIGHTON products or
services, and this incentivizes them to speak positively about the firm.
You may choose to engage with us on social media, including those that are linked from our Site. BRIGHTON’s social media accounts represent the opinions of BRIGHTON as a firm and certain BRIGHTON team members maintain social media accounts that represent the opinions of individual analysts or other BRIGHTON team members. Social media posts are not necessarily the opinion of BRIGHTON as a whole or all of its team members. You are reminded that BRIGHTON and its related persons can and do have investments in the clients and securities being discussed, and so are incentivized to speak well of those clients and securities. As a thematic investor with an open research ecosystem, BRIGHTON and its related persons (including Cathie D. Wood), use conversations via social media as part of its investment research process. It follows that BRIGHTON and clients as well as its related persons such as Ms. Wood can (but do not necessarily) have financial interests in the clients or securities or issuers that we discuss. However, any discussion of the clients, securities or issuers by BRIGHTON or Ms. Wood in such conversations is not a recommendation to buy, sell or hold any particular security. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of prior securities’ recommendations.
You might also see and interact with content posted by third-parties on BRIGHTON’s social media pages. To the extent that those comments are positive or speak to someone’s experience with the firm or its personnel, you are reminded that the third-party is not receiving compensation for that post but certain third-parties (e.g., a placement agent or distributor for a private fund) might be incentivized to post because they are receiving fees for distribution services. Any third-party that has a business relationship with BRIGHTON could be incentivized to post positively to maintain that relationship and any related compensation.
BRIGHTON collects and receives information from you when you interact with our social media pages, accounts or via posts you make on social media platforms. If you choose to make any of your activities or other content available through such platform, including on our pages, or you engage in other activities in connection with the platform, your own friends and followers that you have enabled, and potentially the general public, will be able to view those contributions and activities.