Legal, Financial
& Tax Disclaimer
Regulatory Perimeter 路 Quantitative Trade Signal Scope 路 Regional Tax Disclosures
Black & Rowan Management Group Limited t/a Drawdown does not provide financial advice. All content, quantitative models, trade signals, AI trade journal analyses, and educational modules provided across the platform are published for general informational and educational context only.
Drawdown is not a financial adviser, broker-dealer, commodity trading adviser, asset manager, or tax consultant. We do not handle client investment funds or execute trades on behalf of users.
1. Financial Advice & Regulatory Perimeter
No information or tool provided on Drawdown constitutes a recommendation, endorsement, or solicitation to buy, sell, or hold any security, currency pair, futures contract, contract for difference (CFD), spread bet, or digital asset.
Financial decisions require independent evaluation of your financial condition, risk tolerance, and investment objectives. If you require financial advice, you must consult a licensed independent financial advisor (IFA) registered with your local financial regulator.
2. Trade Signals & Algorithmic Model Scope
Drawdown offers quantitative trade signals, market alerts, automated pattern discovery scanners, and institutional sentiment tracking tools across our platform and Signal Centre.
Nature of General Market Signals:
- Impersonal Quantitative Calculations: All trade signals are automated conclusions generated from market data feeds, technical indicators, order flow matrices, and risk models. They are provided to subscribers on substantially the same basis.
- No Guaranteed Outcomes: Trade signals represent probabilistic market scenarios derived from historical statistical patterns. Trade signals are not guaranteed outcomes or promises of profit.
- User Execution Discretion: You retain 100% control and responsibility for determining whether to act on any signal, selecting entry levels, setting stop-loss parameters, managing leverage, and closing positions.
3. Regional Tax & Regulatory Contexts
馃嚞馃嚙United Kingdom (FCA & HMRC Context)
FCA Perimeter: Black & Rowan Management Group Limited t/a Drawdown operates strictly within the UK publisher and technology vendor exemption under the Financial Services and Markets Act 2000 (FSMA). We do not provide regulated investment advice or manage client investments.
HMRC Tax Context: Under current UK tax rules, profits from financial spread betting are exempt from Capital Gains Tax (CGT) and Stamp Duty for UK tax residents, provided trading does not constitute a commercial business trade. CFD trading profits remain subject to CGT (and losses can generally be offset against allowable capital gains). Tax laws may change.
馃嚭馃嚫 United States (CFTC / SEC / IRS Context)
CFTC / SEC Perimeter: Drawdown is not registered as a Commodity Trading Advisor (CTA) with the CFTC or an Investment Advisor with the SEC. CFTC RULE 4.41 applies to hypothetical or simulated performance results.
IRS Tax Rules: Section 1256 contracts (e.g. regulated futures) qualify for 60% long-term / 40% short-term capital gains tax treatment. Wash-sale rules (Sec 1091) and Pattern Day Trader (PDT) rules apply under US jurisdiction.
馃審Australia, Singapore, Hong Kong & Europe
Drawdown does not hold AFSL (Australia), MAS (Singapore), SFC (Hong Kong), or MiFID (Europe) financial advisory licences. All materials are educational. International clients are responsible for complying with local regulations and tax reporting rules.
4. Brokerage & Third-Party Execution Disclaimers
Drawdown is an independent educational platform and does not operate as a broker or clearing agent. References to third-party brokers or prop trading firms are provided for convenience. Drawdown may receive affiliate compensation from partner brokers. Drawdown is not responsible for broker trade execution, slippage, platform downtime, or third-party account losses.
5. AI & Technical Limitations
Our AI Trade Journal, strategy backtesters, and scanners rely on machine learning models. Algorithmic outputs are calculated tools, not absolute predictors. Verify AI analysis independently before taking trading actions.
Black & Rowan Management Group Limited t/a Drawdown 路 Chesterfield, Derbyshire, United Kingdom 路 Document Reference: LEG-2026-V1