RIXML Documentation

Legal

RIXML 2.5 Element

Required

Top-level container for legal information required to accompany research products. Contains optional Copyright and Disclaimer elements for generic legal text, with IssuerSecurityID aggregations linking specific legal disclosures to particular securities or issuers.

Usage

Optional element in Product structure, can appear multiple times. Use for copyright notices, generic disclaimers, and security-specific legal disclosures. IssuerSecurityID children link disclosures to specific entities.

Business Context

Essential for regulatory compliance in research distribution, ensuring proper legal disclosures accompany research products and protecting publishers from liability while meeting regulatory requirements.

Source:data-dictionary-2.5.1
Schema:RIXML-Common-2_5.xsd:2174

Where It Fits

Canonical Path

Definition

TypeLegalType
Namespacehttp://www.rixml.org/2017/9/RIXML
Min Occurs1
Max Occurs1

Attributes

No attributes defined for this element

Children

Copyrightstring0..1

Copyright information relating to the product.

optionalSince 2.1
Disclaimerstring0..1

Disclaimer is the long generic legalese that automatically gets pasted into a note/report that 'disclaims' against liabilities for losses associated with buying/selling stocks etc. This could also include generic disclaimers when a report discusses MSCI indexes. This section changes infrequently.

optionalSince 2.1
IssuerSecurityID(complex)0..unbounded
optionalSince 2.1

Example

<Legal />

Version History

Unchanged since introduction in RIXML 2.1

Design Decisions

Level One excludes Legal elements as children of Product

To simplify the Level One implementation by removing non-essential legal elements

RIXML Level One Addendum v2.5, p.6

Legal elements are not permitted in Level One

To substantially reduce complexity for both publishers and vendors, alleviating implementation costs

RIXML Level One Addendum v2.5, p.24

Related Elements