tandy letter
Слово встречается в следующем контексте:
In connection with the public release of comment and response letters as a routine matter the SEC staff will request that any company whose filing is reviewed include in its response letter a written representation that the comapny will not use the SEC 's comment process as a defense in any securities related litigation brought against the company, known also as a "Tandy" letter.

Заранее спасибо

The origin of Tandy letters was, in certain limited circumstances where the SEC had an outstanding issue with a company, to condition the SEC’s acceleration of a registration statement upon the registrant’s agreement not to assert the SEC’s acceleration as a defense to any action under Federal law by the SEC. Tandy letters are usually requested by the SEC when outstanding issues exist between the SEC and a company and the SEC does not want its effectiveness order to be deemed a waiver of those issues.