“The terms you agree to and that govern your relationship with Apex Clearing Corporation when you enroll in fully paid securities lending.”
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.
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In all other cases, these Terms, and any rights and licenses granted hereunder, may not be transferred or assigned by you, but may be assigned by us without restriction. Any attempted transfer or assignment in violation hereof shall be null and void.
Upon termination of these Terms of Service, any provision which, by its nature or express terms should survive, will survive such termination or expiration, including, but not limited to, Sections 7-10, and 14-20.
NOTHING IN THIS AGREEMENT SHALL SUPERSEDE, AMEND, OR MODIFY THE TERMS OF ANY SEPARATE AGREEMENT(S) BETWEEN YOU AND DOORDASH RELATING TO YOUR WORK AS AN EMPLOYEE OR INDEPENDENT CONTRACTOR
"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
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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.
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