Confidential Treatment Application (or Confidential Treatment Request (CTR))

Definition:

A formal written request filed by an issuer with the SEC to obtain confidential treatment for materials that are filed or delivered to the SEC, i.e., seeking permission to withhold sensitive information from public view. Rule 406 of the Securities Act and Rule 24b-2 of the Exchange Act provide the requirements to obtain confidential treatment of a document filed with the SEC. Under limited circumstances (i.e., trade secrets or Pricing terms that competitors of the issuer could use to their advantage), the SEC will grant this request and treat the information confidentially.

The Financial Conduct Authority (FCA) similarly accepts requests for confidential treatment of sensitive information.

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