Disclosures
The standing disclosures that govern everything Octans Research publishes — how our independent research is meant to be used, how the firewall separates it from sponsored and issuer-paid content, and how we handle corrections.
Standing disclosure
Independent research prepared by the Octans Research Team is informational only and is not investment advice, a recommendation, or an offer to buy or sell any security. Sponsored and issuer-paid content is separately labeled under Securities Act §17(b) and FINRA Rules 2210/2241. Past performance does not guarantee future results.
Nothing on this site is personalized investment advice or a solicitation in any jurisdiction where such an offer or solicitation would be unlawful. Research reflects our view as of its publication date; markets move and we do not undertake to update a report after it is published, except as noted in the corrections log below. Any securities named are discussed for research and illustration, not as a recommendation to transact.
The independent-vs-sponsored firewall
Octans runs two physically separate lanes, and the separation is enforced in the data model and the site’s chrome, not just in a policy paragraph. The distinction is always visible before you read a word of the body.
- Our own work, chosen by us, with no issuer paying for coverage or approval. It carries an outlined “Independent Research” label and this standing disclosure. This is the default: the quiet, unbranded treatment is the signal that no one paid for it.
- Content an issuer or third party paid to place. It is labeled “Paid” above the headline, carries a distinct oxblood treatment and a mandatory §17(b) / FINRA 2210·2241 disclosure naming the payor, and is excluded from our independent feed, the news sitemap, and the default scope of the licensed API. Paid content is never presented as, or blended into, our independent research.
Because the boundary lives in how content is stored and served — not only in how it looks — a sponsored item cannot appear in an independent surface, and an independent report is never paid for by the company it covers.
Sponsored content terms (§17(b) / FINRA 2210·2241)
When Octans publishes sponsored or issuer-paid content, that specific page carries its own inline disclosure stating that it is a paid advertisement, identifying who paid and the nature of the consideration, consistent with Securities Act §17(b). Such content is also subject to FINRA Rule 2210 (communications with the public) and, where applicable, Rule 2241 (research analyst and research report authorship and independence). The standing statement on this page describes our posture; the operative, item-specific disclosure always travels with the individual sponsored page.
This page is a summary of policy, not legal advice, and does not modify the terms of any specific engagement or the disclosures on any individual page.
Corrections policy
We aim to source every factual claim to a filing, a print, or primary data. When we get a fact wrong, we correct it rather than quietly overwrite it. A material correction is noted in the report and the report’s modified date is updated; a running log of corrections is maintained as a public record. To flag a factual error, write to research@octanscap.com.
The running log is public: see the corrections log — every correction to a published report, newest first.
Positions and compensation
Octans Research and people associated with it may hold positions in securities discussed in our independent research, and in some cases do. A position never changes the standards a piece is held to: every figure we publish traces to a cited primary source, and the analysis is not adjusted to suit a holding. A written position and disclosure policy, including per-article disclosure where a holding exists, is being finalised with counsel and will be published on this page.
No issuer, investor relations firm, or third party pays for coverage in the independent lane, pays to influence a conclusion, or reviews an independent piece before it is published. Nothing in the independent lane is compensated stock promotion.
Paid work exists and is quarantined, never blended: sponsored and issuer-paid items run in a separate lane with their own labelling and their own §17(b) disclosure, they are excluded from the independent feed and news sitemap, and they are never presented as independent research. If that ever changes for a specific piece, the disclosure appears on that piece, naming who paid and what they paid — a general statement that coverage “may” be compensated is exactly the boilerplate the SEC flags as a warning sign, so we do not use it.
We publish no track record, model portfolio, or performance claim. When performance of a prior view is discussed, it is discussed in the article that carried the view, against the dates and figures cited there.
Registration
Details of the Octans Researchgroup’s regulated entities — including the exact registered legal name, registration status, and CRD number — are being confirmed with counsel and will be published on this page once final.