With the footer you have the ability to remove the footer, however you are not able to change the content of the footer.
Footer Widget Options
#1: You have the ability to show the footer globally, on a certain page or to have it not visible to the public. We will not go too much in to detail with this because the footer must be on your website and on all pages in order to stay compliant with your boards guidelines.
#2: Hide from Public View: this should always be set to NO as per your boards rules and regulations
#3: Select Footer Logo: if you would like a logo to show in your Footer, please click on Select New Image and selected the desired photo.
#4: Select Which Footer To Show: This should always stay to Footer 1