Cryptoasset Disclosure
This Disclosure applies in respect of the services provided by Noah, including its App and/or Website which may be used to access such services.
Links to regulatory advisories on cryptoassets (including virtual currencies, cryptocurrencies, etc.) are provided below. These regulatory advisories warn that cryptoassets, including bitcoin and ether, may be susceptible to fraud, involve a high level of risk, and may experience significant price volatility.
Key Points to Consider:
- Not Legal Tender: Cryptocurrency is not legal tender backed by the United States government, nor is it subject to Federal Deposit Insurance Corporation (“FDIC”) insurance or protections. Users do not receive a choice of custody partner. The self-directed purchase and sale of cryptocurrency through a cryptocurrency IRA have not been endorsed by the IRS or any regulatory agency.
- Independent Decision Making: Ensure you have read and understood the following information and the advisories available at the links below before entering into any Crypto related transactions. Make your own independent decision on how to use the information, based on your judgment and advice from advisers as you deem necessary.
- Non-recommendation: This disclosure is not an offer, recommendation, or solicitation for any transaction involving cryptoassets.
Disclaimer:
- NOAH Savings Inc. disclaims all representations and warranties regarding the accuracy or completeness of the information contained in this disclosure, including the advisories.
- NOAH Savings Inc. disclaims any responsibility or liability for the quality, accuracy, or completeness of the information and for any reliance on or use of this information. You are solely responsible for any use of this information.
- To the fullest extent permitted by applicable law, NOAH Savings Inc. is not liable for any special, punitive, indirect, or consequential damages (including lost profits or lost opportunities) in connection with the information contained in this disclosure, even if notified of the possibility of such damages.
- NOAH Savings Inc. has no obligation to update any portion of this disclosure, including the links to the advisories provided below.
- This disclosure is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial instrument, or any trading strategy.
- NOAH Savings Inc. is not an advisor. Nothing in this disclosure should be construed as investment, tax, legal, accounting, regulatory, or other advice (including within the meaning of Section 15B of the Securities Exchange Act of 1934) or as creating a fiduciary relationship.
Regulatory Advisories:
- NFA Investor Advisory - Futures on Virtual Currencies Including Bitcoin
- CFTC Customer Advisory - Understanding the Risks of Virtual Currency Trading
- CFTC Customer Advisory - Beware Virtual Currency Pump-and-Dump Schemes
- FINRA Investor Alert - Bitcoin: More than a Bit Risky
- SEC Investor Alert - Bitcoin and other Virtual Currency-related Investments
- FCA alert - warning on cryptoassets
- FCA alert - cryptoasset investment scams
- FinCEN Alert on Prevalent Virtual Currency Investment Scam Commonly
Please ensure you have read and understood the information provided above.