Grade F — Predatory terms (score 48/100)
Nasdaq forces binding arbitration and class action waivers, claims a perpetual license to user content, and imposes a one-year statute of limitations on all legal claims.
Forced arbitration, class waiver, perpetual content license, and short claim window.
you and Nasdaq agree that any disagreement, controversy, or claim... will be resolved by binding arbitration, rather than in court.
You are prohibited from taking legal action in court for almost any dispute.
You grant Nasdaq a perpetual, sub-licensable, non-exclusive, world-wide, royalty free license to all of your content.
Nasdaq owns the right to use, modify, and distribute your content forever, even after you leave.
Nasdaq reserves the right to reproduce and/or otherwise use posted content in any manner for purposes of training artificial intelligence technologies
Your content is used as training data for Nasdaq's AI models.
You and Nasdaq agree that any Dispute must commence within one (1) year after the cause of action accrues; otherwise, such cause of action is permanently barred.
You lose your right to sue if you do not act within one year.
Nasdaq can take any technical, legal and other action that Nasdaq deems, in our sole discretion, necessary and appropriate with or without notice to you including notifying any relevant government or regulatory authority.
Nasdaq can report you to the government without telling you first.
Nasdaq may modify this Agreement from time to time. ... Your continued use of a Service after the effective date of any changes means that you agree to the changes
Nasdaq can change the rules at any time, and your continued use counts as your agreement.
You may cancel your Nasdaq+ Service at any time through the Nasdaq+ Account Portal.
You can cancel your paid subscription easily online.
Last reviewed 2026-08-03 under rubric v3.5.