About Commercial Users
Commercial Users fall within two classifications which may or may not overlap.
Commercial Users are permitted to have a dedicated message board where they can post links to their
website as long as the content on the remote website comnplies with iHub's Terms of Service.
The commercial user can then link to posts on their board from other iHub message boards as long as the
ultimate content is on-topic. These users cannot post links on other iHub boards that link directly to their website.
IRPs, or Investor Relations Professionals, are users who provide investor awareness, investor relations,
or any other compensated promotional service or activity relating to a publicly
traded stock. IRPs may be compensated by either the public company to which they are providing publicity
or by some other interested party, and include persons who are contracted by other IRPs. iHub considers
users who make posts (both public and private) subject to
Section 17(b) of the Securities Act of 1933
to be an IRP. The relevant text of Rule 17(b) (page 56) is as follows:
It shall be unlawful for any person, by the use of any means or instruments of transportation
or communication in interstate commerce or by the use of the mails, to publish,
give publicity to, or circulate any notice, circular, advertisement, newspaper,
article, letter, investment service, or communication which, though not purporting
to offer a security for sale, describes such security for a consideration received
or to be received, directly or indirectly, from an issuer, underwriter, or dealer,
without fully disclosing the receipt, whether past or prospective, of such consideration
and the amount thereof.
All Commercials Users pay a fee for their posting privileges. The base fee is $95 per month per
user account (auto-recurring). This fee is paid in addition to any other base membership or ADVFN streaming
data subscription. Discounts may be available for multi-month subscriptions. Activation of an IRP subscription:
- Allows their personalized Disclosure/Disclaimer page, if they elect to have one, to become visible
to other users. This allows IRPs to meet their legally mandated disclosure requirements, and to present their
professional credentials and associations.
- Automatically includes a link to their Disclosure/Disclaimer page on each post.
They can choose to omit the link on posts where it is not required.
- Enables an icon in the Member's profile indicating their Commercial/IRP status and leading
to their Disclosure/Disclaimer pages.
- Provides visibility to iHub users when content is being provided by a Commercial/IRP poster.
Any registered member can activate and edit their own Disclosure/Disclaimer page at any time from
screen. Each user's Disclosure/Disclaimer page will not become visible to other users until they become
activated with an initial Commercial subscription. Once activated, the Disclosure/Disclaimer
page will remain publicly visible. However; there must be an active Commercial/IRP subscription
in force in order for the Member to edit their Disclosure/Disclaimer page and to include the link
to their Disclosure/Disclaimer on new posts.
The following icons appear in user profiles:
This Member has an active Commercial User subscription. They can include their Disclosure/Disclaimer
link in new posts. Their Disclosure/Disclaimer page is visible to all users.
This Member has an expired Commercial User subscription. They cannot include their Disclosure/Disclaimer
link in new posts. Their Disclosure/Disclaimer remains visible to users.
Specific guidelines for IRPs:
For IRPs, their compensation should be found on their Disclosure/Disclaimer
page. IRPs who choose to maintain their information on another web site can either
replicate it on their iHub page or provide a link/disclosure to their site. The
link to their off-site Disclosure/Disclaimer page must be on their IRP Disclosure/Disclaimer
page; it is not permitted to be in posts or signatures. Content of the Disclosure/Disclaimer
page cannot be linked to a site competitive with iHub.
IRPs are permitted to place a link to their iHub Disclaimer page in their signature
and/or profile only while they have an active IRP subscription. There should be
no disclaimers or links to disclaimers of compensation in signatures, profiles or
posts (at the time of posting) by anyone who is not an active IRP. IRPs that allow
their status to become inactive must immediately remove disclaimers and links to
their disclaimer from their current signature and profile. Individual IRP disclaimer
pages will always be visible once an IRP account has been activated. Disclaimers in
signatures and profiles are not and should not be considered permanent; they
can and may be removed/hidden at any time by site Admins and should not be relied
upon as a means to make legally required disclaimers.
While Investors Hub requires all professional members to declare their status, we
cannot guarantee that all do. The absence of an IRP Disclosure/Disclaimer should
not be construed to indicate the poster is not subject to 17(b) requirements. InvestorsHub
does not track promotional activity engaged in by IRPs. Our subscription fees (described
above) are for their commercial use of the site and our providing IRPs the ability
to include any legally required Disclosures with their posts. InvestorsHub is not
party to any agreements IRPs may have with their employers or entities they represent
or from whom they receive compensation.
iHub Commercial Users
for a listing of current and former Commercial Users.
iHub reserves the right to take any action it deems appropriate for Members it believes
should maintain Commercial User status but have not done so, including but not limited to suspension/termination
of iHub privileges.