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Sunday, 09/27/2015 2:25:09 AM

Sunday, September 27, 2015 2:25:09 AM

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Confidential Treatment Order - CTO
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DEFINITION OF 'CONFIDENTIAL TREATMENT ORDER - CTO'
An order that provides confidential treatment for certain documents and information, that a company would otherwise have to file. A confidential treatment order (CTO) is issued by the Securities and Exchange Commission (SEC) and may only be in effect for a certain period of time, rather than indefinitely.

BREAKING DOWN 'CONFIDENTIAL TREATMENT ORDER - CTO'
Companies would typically seek a CTO in order to keep information that would otherwise put it at a disadvantage, a secret. For example, a company may apply for such an order to keep information regarding a pricing arrangement made with a partner, secret, since competitors finding out this information may go after the partner with a more competitive


Read more: Confidential Treatment Order (CTO) Definition | Investopedia http://www.investopedia.com/terms/c/confidential-treatment-order.asp#ixzz3muwpARDW
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