diff --git a/Makefile b/Makefile
index 21558bb817..0039f90c92 100644
--- a/Makefile
+++ b/Makefile
@@ -6,11 +6,11 @@ update: update-readme
 update-readme:
 	@options=$$(COLUMNS=80 ./youtube-dl --help | sed -e '1,/.*General Options.*/ d' -e 's/^\W\{2\}\(\w\)/### \1/') && \
 		header=$$(sed -e '/.*## OPTIONS/,$$ d' README.md) && \
-		footer=$$(sed -e '1,/.*## COPYRIGHT/ d' README.md) && \
+		footer=$$(sed -e '1,/.*## FAQ/ d' README.md) && \
 		echo "$${header}" > README.md && \
 		echo -e '\n## OPTIONS' >> README.md && \
 		echo "$${options}" >> README.md&& \
-		echo -e '\n## COPYRIGHT' >> README.md && \
+		echo -e '\n## FAQ' >> README.md && \
 		echo "$${footer}" >> README.md
 
 
diff --git a/README.md b/README.md
index db75487e3f..66639ad049 100644
--- a/README.md
+++ b/README.md
@@ -13,7 +13,7 @@ ## DESCRIPTION
 ## OPTIONS
     -h, --help               print this help text and exit
     -v, --version            print program version and exit
-    -U, --update             update this program to latest stable version
+    -U, --update             update this program to latest version
     -i, --ignore-errors      continue on download errors
     -r, --rate-limit LIMIT   download rate limit (e.g. 50k or 44.6m)
     -R, --retries RETRIES    number of retries (default is 10)