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
Enrolling in fully paid securities lending creates a direct contractual relationship with a third-party clearing corporation, Apex Clearing Corporation, under its own agreement—distinct from the general Betterment customer terms.
Enrolling in fully paid securities lending binds you to Apex Clearing Corporation's Securities Lending Agreement governing that relationship.
How other platforms handle this
These Terms, with the Privacy Policy, Cookie Policy, Community Guidelines, and Safety Tips and any Additional Terms Upon Purchase, contain the entire agreement between you and Tinder regarding the use of our Services.
These Terms constitute the entire agreement between you and ActiveCampaign relating to your access to and use of our Services. Any additional or different terms proposed by you in any purchase order, request for proposal or other document are hereby objected to...
We may assign our agreement with you to any affiliated company or to any entity that succeeds to all or substantially all of our business or assets related to the applicable Netflix service.
"The terms you agree to and that govern your relationship with Apex Clearing Corporation when you enroll in fully paid securities lending.Excerpt from Betterment's Terms of Use
Get the research letter
Companies change their terms quietly. We read every version and catch what actually changed. One email a week on the changes that matter and what they mean.
Enrolling in fully paid securities lending creates a direct contractual relationship with a third-party clearing corporation, Apex Clearing Corporation, under its own agreement—distinct from the general Betterment customer terms.
Enrolling in fully paid securities lending binds you to Apex Clearing Corporation's Securities Lending Agreement governing that relationship.
ConductAtlas has identified this type of provision across 297 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Betterment.