Conditions upon participation.

CFR · 2024-01-01 · US · Title 14

(a) (1) Shall, except for necessary disclosures in the course of employment in connection with conference business, hold the information obtained in conference in absolute confidence and trust; (2) Shall not deal, directly or indirectly, for the account of himself or herself, his or her immediate family, members of his or her firm or company, or as a trustee, in securities of the air carrier involved in the rate conference except that under exceptional circumstances special permission may be obtained in advance from the DOT decisionmaker; and (3) Shall adopt effective controls for the confidential handling of such information and shall instruct personnel under his or her supervision, who by reason of their employment come into possession of information obtained at the conference, that such information is confidential and must not be disclosed to anyone except to the extent absolutely necessary in the course of employment, and must not be misused. (The term “information”, as used in this section, shall refer only to information obtained at the conference regarding the future course of action or position of the Department or its employees with respect to the facts or issues discussed at the conference.) (b) (c) (d) (e) (1) Any representative of any air carrier and any representative of the U.S. Postal Service actually present at the conference; (2) The directors and the officers of any air carrier that had a representative at the conference; (3) The members of any firm of attor

official document · source cfr-2024 · id 14:§ 302.711