diff --git a/tests/test_doctests.py b/tests/test_doctests.py
index 70bd5e29..7ff2d5a2 100644
--- a/tests/test_doctests.py
+++ b/tests/test_doctests.py
@@ -10,10 +10,11 @@ from zipline.pipeline import (
 )
 from zipline.utils import (
     cache,
+    input_validation,
     memoize,
+    numpy_utils,
     preprocess,
     test_utils,
-    numpy_utils,
 )
 
 
@@ -69,6 +70,9 @@ class DoctestTestCase(TestCase):
     def test_preprocess_docs(self):
         self._check_docs(preprocess)
 
+    def test_input_validation_docs(self):
+        self._check_docs(input_validation)
+
     def test_cache_docs(self):
         self._check_docs(cache)
 
diff --git a/zipline/lib/adjustment.pyx b/zipline/lib/adjustment.pyx
index c0699540..e0f41597 100644
--- a/zipline/lib/adjustment.pyx
+++ b/zipline/lib/adjustment.pyx
@@ -75,7 +75,7 @@ cpdef _from_assets_and_dates(cls,
     ...     3,
     ...     0.5,
     ... )
-    Float64Multiply(first_row=2, last_row=4, first_col=3, last_col=3, value=0.500000)  # noqa
+    Float64Multiply(first_row=2, last_row=4, first_col=3, last_col=3, value=0.500000)
     """
     cdef:
         Py_ssize_t first_row, last_row, col
diff --git a/zipline/utils/input_validation.py b/zipline/utils/input_validation.py
index ab991ab4..8f5a3a1d 100644
--- a/zipline/utils/input_validation.py
+++ b/zipline/utils/input_validation.py
@@ -151,7 +151,7 @@ def expect_element(*_pos, **named):
     >>> foo('c')
     Traceback (most recent call last):
        ...
-    TypeError: foo() expected a value in ('a', 'b') for argument 'x', but got 'c' instead.  # noqa
+    ValueError: foo() expected a value in ('a', 'b') for argument 'x', but got 'c' instead.  # noqa
     """
     if _pos:
         raise TypeError("expect_element() only takes keyword arguments.")