What can I do about this clause?

{'method': 'EMAIL', 'recipient': 'privacy@acorns.com', 'difficulty': 'EASY', 'action_type': 'OPT_OUT_ARBITRATION', 'instructions': 'Email privacy@acorns.com requesting to opt out of third-party marketing data sharing. Specify your account email and state clearly that you do not consent to your personal information being shared with third parties for their marketing purposes.', 'deadline_days': None, 'deadline_hours': None}

Which regulatory agencies enforce this type of clause?

{'agency': 'FTC', 'reason': 'The FTC enforces against unfair or deceptive data sharing practices under FTC Act Section 5 and has direct authority over data broker and third-party marketing disclosure obligations.', 'complaint_url': 'https://reportfraud.ftc.gov/'}, {'agency': 'State_AG', 'reason': "California's Privacy Protection Agency and Attorneys General in CPRA states enforce opt-out-of-sharing rights for consumers whose data is shared with third-party marketers.", 'complaint_url': 'https://www.naag.org/find-my-ag/'}

What is the severity of this clause?

ConductAtlas classifies this Third-Party Data Sharing for Marketing clause as high severity. Severity reflects the magnitude of rights affected, the breadth of users impacted, and the degree of discretion the platform retains.

Do other platforms have similar clauses?

Yes. ConductAtlas has identified similar Third-Party Data Sharing for Marketing clauses across approximately 3 other tracked platforms. You can compare how platforms differ on this clause type in the cross-platform comparison view.

Third-Party Data Sharing for Marketing — Acorns

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What it is

Acorns can share your personal information with outside companies so those companies can market their own products directly to you, unless you opt out.

Consumer impact (what this means for users)

Your personal and financial data, including transaction behavior and contact information, may be shared with Acorns' Earn rewards partners and other third parties who will use it to send you marketing messages about their own products.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.

Opt Out of Arbitration

Email privacy@acorns.com requesting to opt out of third-party marketing data sharing. Specify your account email and state clearly that you do not consent to your personal information being shared with third parties for their marketing purposes.

Cross-platform context

See how other platforms handle Third-Party Data Sharing for Marketing and similar clauses.

Compare across platforms →

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Why it matters (compliance & risk perspective)

Most consumers expect a financial app to use their data only to provide the investment service — sharing it with third parties for those parties' own marketing purposes expands data use significantly beyond that expectation.

View original clause language

We may share your personal information with third parties for their own marketing purposes. We may share information with our Earn partners and other third parties so that they can send you promotional communications about their products and services. You can opt out of receiving marketing communications from Acorns or limit how we share your information by contacting us at privacy@acorns.com.

Institutional analysis (Compliance & legal intelligence)

REGULATORY FRAMEWORK: This provision implicates CCPA/CPRA §1798.120 and §1798.135 (right to opt out of sale/sharing of personal information), enforced by the California Privacy Protection Agency; FTC Act Section 5 (unfair or deceptive practices) enforced by the Federal Trade Commission; and GLBA 15 U.S.C. §6802(e) governing permissible disclosures of nonpublic personal information to nonaffiliated third parties.

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Applicable agencies

FTC

The FTC enforces against unfair or deceptive data sharing practices under FTC Act Section 5 and has direct authority over data broker and third-party marketing disclosure obligations.
File a complaint →
State AG

California's Privacy Protection Agency and Attorneys General in CPRA states enforce opt-out-of-sharing rights for consumers whose data is shared with third-party marketers.
File a complaint →

Provision details

Document information

Document

Acorns Privacy Policy

Entity

Acorns

Document last updated

April 29, 2026

Tracking information

First tracked

April 18, 2026

Last verified

April 18, 2026

Record ID

CA-P-002890

Document ID

CA-D-00172

Evidence Provenance

Source URL

https://www.acorns.com/privacy/

Wayback Machine

View archived versions →

SHA-256

8f942504d66331c35a17fda03088196d39a24f21469df43439f551c11b3f4c7d

Verified

✓ Snapshot stored ✓ Change verified

How to Cite

ConductAtlas Policy Archive
Entity: Acorns | Document: Acorns Privacy Policy | Record: CA-P-002890
Captured: 2026-04-18 10:35:59 UTC | SHA-256: 8f942504d66331c3…
URL: https://conductatlas.com/platform/acorns/acorns-privacy-policy/third-party-data-sharing-for-marketing/
Accessed: May 2, 2026

Classification

Severity

High

Third-Party Data Sharing for Marketing