SEC Offers Streamlined Process for Confidential Treatment Extensions

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Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The SEC made available a "short form application" to streamline the process for extending the time for confidential treatment of information contained in a material contract.
United States Corporate/Commercial Law
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The SEC made available a "short form application" to streamline the process for extending the time for confidential treatment of information contained in a material contract. In order to "protect the confidential information from public release" under the Freedom of Information Act after an original confidential treatment order for a material contract expires, registrants must file extension applications under Securities Act Rule 406 or Exchange Act Rule 24b-2 before the existing confidential treatment order's expiration.

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