This analysis describes what Betterment's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The clause is consequential because it makes the provision of personal information a non-negotiable condition of access to Betterment's services.
Interpretive note: The excerpt references 'this information' without specifying which personal information is required. The canonical claim therefore cannot enumerate the specific data elements, and the full scope of the requirement cannot be determined from this excerpt alone.
The updated policy discloses a new Fully Paid Securities Lending program through Apex Clearing, under which Betterment will share customer personal information and account details with Apex if customers choose to participate. The revised terms also establish that generative AI service providers have committed that personal information will not be used for model training. For customers participating in promotional offers requiring offline fulfillment, the policy now explicitly states that personal information including mailing address may be shared with third-party partners. You can review the FPSL Program supplemental disclosures for details about the securities lending arrangement, or choose not to participate in the program.
View change record →Users who decline to provide the required personal information are excluded from becoming Betterment customers.
How other platforms handle this
Please make sure the information you provide to Twitch upon registration and at all other times is true, accurate, current, and complete to the best of your knowledge.
If the Services require you to create an account or provide personal information, you agree to submit accurate, complete information, and to update it as appropriate.
All information provided during Account creation, and during the use of your Account, must be accurate and complete.
"If you do not wish to provide this information, you cannot become a Betterment customer.Excerpt from Betterment's Privacy Policy
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The clause is consequential because it makes the provision of personal information a non-negotiable condition of access to Betterment's services.
Users who decline to provide the required personal information are excluded from becoming Betterment customers.
ConductAtlas has identified this type of provision across 264 platforms. See the full comparison.
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