Hello Everyone,
We've made updates to our Terms of Use and our Privacy Policy. The new Terms of Use and Privacy Policy are now up on the website, and you can review the old Terms of Use and old Privacy Policy as well. Additionally, a general overview of the changes is below. We don't believe that any of these changes are material.
Our core commitment to you, our community members, is to respect and protect your intellectual property. That commitment is affirmed and repeated in the updated terms. As a part of that commitment, we agree not to look at your code, with certain exceptions. The updated terms include a detailed list of the exceptions when we might need to look at your code; the detailed list wasn't present in the older version. Please read Section 5, Proprietary Rights, for the full list. This change constitutes the most significant part of the update.
We believe that these policy updates, particularly the list of exceptions, further improve the transparency about how Quantopian protects and respects your intellectual property. If you have questions or comments, please ask them here or in an email to [email protected]
Overview of changes to the Terms of Use
- In Section 5, as noted above, we added significant detail to the instances where we might need to look at a member's code.
- In Section 3, we clarified that "reasonable amounts" of shared content can be used outside of Quantopian. The goal of this modification is to prohibit the wholesale copying of the community forums and shared algorithms and notebooks.
- In Section 11, the disclaimer for third-party data was expanded to cover the many data sources that we have added to the platform.
- Many other minor clarifications and edits.
Overview of the changes to the Privacy Policy
- In Section 4 (a), we made clear that we use Stripe to process the credit cards when members purchase data from Quantopian.
- In Section 6 (a), we removed a reference to advertising which simply doesn't apply - we don't have any advertisements on Quantopian, and we have further clarified your opt-in rights in some circumstances.
- We added a new Section 11 to cover "Do Not Track" signals.
- In Section 13, we strengthened and clarified the process for future changes to the privacy policy.
- Many other minor clarifications and edits.
The new Terms of Use and Privacy Policy are effective immediately for new members, and they take effect in 30 days for existing members.
The last update to our policies was in January 2015. Periodic revisions to our agreements are normal and healthy. We will continue to make revisions to our policies as it becomes necessary or appropriate.
