Many users misconceive that policy and guidelines only apply to registered users.
From the en.wikipedia.org
You misconceive my tone if you believe I have an attitude, I apologize for it, but I just don't UNDERSTAND what you want.
From the en.wikipedia.org
The part which is wrong will be discontented, in proportion to the importance of the facts they misconceive.
From the community.scoop.co.nz
Liability for Breach of Fiduciary Obligations can occur if parties misconceive their relationship with the Mediator for something other than completely neutral.
From the en.wikipedia.org
More examples
Misconstrue: interpret in the wrong way; "Don't misinterpret my comments as criticism"; "She misconstrued my remarks"
To misunderstand
(misconceiving) Having false ideas; misleading
(misconceived) Having no foundation, or no reasonable prospect of success.