Copyright & DMCA Policy
Effective 2026-10-01 · Version 2026-10-01
What changed in this version
- First published Copyright & DMCA Policy.
- Explains how to send a notice of claimed infringement and a counter-notice.
- Sets out the repeat-infringer policy.
- States that Valuein claims no copyright in SEC filings or the facts they report.
This policy is part of the Valuein Terms of Service (the "Terms") between users and Valuein (as identified in the Terms). It also tells people who are not users how to report infringement. Capitalised words have the meanings given in the Terms.
In short: if you believe something on Valuein infringes your copyright, send our designated agent a notice with the details listed below and we will act on it. If your content was removed and you believe that was a mistake, you can send a counter-notice. Accounts that repeatedly infringe are closed. Knowingly false notices or counter-notices can make the sender liable. SEC filings are public records; Valuein does not claim copyright in them. This summary helps you read the policy; it is not a substitute for it.
1.Designated agent
Valuein's designated agent to receive notices of claimed infringement under the Digital Millennium Copyright Act, 17 U.S.C. §512(c)(2):
- Designated agent: Rainer Arencibia Hernandez
- Email: legal@valuein.biz
- Subject line: "DMCA notice" or "DMCA counter-notice"
Only copyright notices and counter-notices go to this mailbox under this policy. Other reports: abuse under the Acceptable Use Policy (legal@valuein.biz), security issues under the Security & Responsible Disclosure Policy (security@valuein.biz), errors in an observation about an issuer (the correction process in Terms §13).
2.What this policy covers
This policy covers material stored on the Service at a user's direction — for example, Published Content (theses, claims, reports and profiles, at /r/… and /[handle] addresses), profile images, uploaded documents, and Workspace records — and links to material elsewhere.
3.How to send a notice of claimed infringement
Your notice must be in writing and include all of the following (17 U.S.C. §512(c)(3)(A)):
- A physical or electronic signature of the copyright owner or of a person authorised to act on the owner's behalf.
- Identification of the copyrighted work you claim is infringed — or, if multiple works at one site are covered by one notice, a representative list of them.
- Identification of the material you claim is infringing and that you want removed or disabled, with information reasonably sufficient for us to locate it — the full URL of each item is best.
- Information reasonably sufficient for us to contact you: name, postal address, telephone number and email address.
- A statement that you have a good-faith belief that use of the material in the manner complained of is not authorised by the copyright owner, its agent, or the law.
- A statement that the information in the notice is accurate and, under penalty of perjury, that you are authorised to act on behalf of the owner of the exclusive right that is allegedly infringed.
Before sending a notice, consider whether the use may be a fair use or otherwise permitted (for example, a short quotation within commentary). A notice that omits required elements may not be acted on; if it substantially complies with elements 2, 3 and 4 we will try to contact you to complete it.
4.What we do when we receive a valid notice
We will expeditiously remove or disable access to the material identified, take reasonable steps promptly to notify the user who posted it, and give that user a copy of the notice (with your contact details, so they can respond).
5.Counter-notice
If material you posted was removed or disabled and you believe in good faith that this was a mistake or that the material was misidentified, you may send our designated agent a counter-notice. It must be in writing and include all of the following (17 U.S.C. §512(g)(3)):
- Your physical or electronic signature.
- Identification of the material that was removed or disabled, and the location (URL) where it appeared before removal.
- A statement under penalty of perjury that you have a good-faith belief that the material was removed or disabled as a result of mistake or misidentification of the material.
- Your name, address and telephone number, and a statement that you consent to the jurisdiction of the Federal District Court for the judicial district in which your address is located (or, if your address is outside the United States, for any judicial district in which Valuein may be found), and that you will accept service of process from the person who sent the original notice, or that person's agent.
What happens next. We will promptly send a copy of your counter-notice to the person who sent the original notice and tell them we will restore the material in 10 business days. We will restore the material, or stop disabling access to it, not less than 10 and not more than 14 business days after we receive your counter-notice, unless our designated agent first receives notice that the complaining party has filed an action seeking a court order to restrain you from the infringing activity (17 U.S.C. §512(g)(2)).
6.Repeat infringers
Valuein terminates, in appropriate circumstances, the Accounts of users who are repeat infringers (17 U.S.C. §512(i)(1)(A)). Concretely:
- Each valid notice under section 3 that results in removal counts as one strike against the Account that posted the material, unless the material is restored after a counter-notice under section 5 and no court action follows, or the notice is withdrawn or shown to be invalid.
- An Account that accumulates three strikes within any 12-month period is terminated, and its Credentials are revoked.
- Valuein may terminate sooner for blatant or wilful infringement (for example, uploading and publishing a paid third-party research report in full), and may take into account strikes against other Accounts controlled by the same person.
- A terminated user may not open a new Account without our written consent.
7.Misrepresentation
Under 17 U.S.C. §512(f), any person who knowingly and materially misrepresents that material is infringing, or that material was removed or disabled by mistake or misidentification, is liable for the damages — including costs and attorneys' fees — incurred by the alleged infringer, the copyright owner, or Valuein as a result of Valuein relying on that misrepresentation. If you are not sure whether material infringes, consider talking to a lawyer before sending a notice.
8.SEC filings and facts
Valuein Data is derived from documents that issuers file with the U.S. Securities and Exchange Commission and that anyone can obtain from the SEC's EDGAR system. Valuein does not own those filings and claims no copyright in them or in the facts they report. Facts — a company's reported revenue, a filing date — are not protected by copyright. Valuein's rights, as set out in the Terms and the Data & API License Schedule, concern the Service and Valuein's own selection, arrangement, standardisation, software and documentation, not the underlying facts.
If you are an issuer or other person who believes a filing excerpt or document reproduced on the Service infringes a copyright you own, you may send a notice under section 3. If your concern is that a figure or observation is inaccurate, use the correction process in Terms §13 instead — it is faster.
9.Third-party research you upload
You may upload documents to your Workspace (for example, a broker research note you are licensed to read) so that you and your Agents can work with them. Uploads are private to your Account unless you put their content into Published Content. You are responsible for having the right to upload and use each document as you do: many research licences forbid copying a report into third-party systems or sharing it, and some forbid using it with AI tools. Do not publish third-party research, in full or in substantial part, in a thesis, claim, report or profile. Quoting a short passage within your own commentary, with attribution, may be permitted; reproducing a report is not. Uploaded material is covered by this policy — we act on valid notices about it, and it counts toward strikes under section 6.
10.Changes
We may update this policy under Terms §23. The version in force when we receive a notice or counter-notice applies to it.