Sunday, March 29, 2009

NIRI Announces Standards of Practice — Implementing "Notice and Access"

On March 12, 2009, the National Investor Relations Institute (NIRI) Board of Directors approved the Standards of Practice — Implementing "Notice and Access" for review and comment. "Notice and Access" or "e-proxy" provides the investor relations officer (corporate issuer) with another option for distributing proxy materials and the annual report. These guidelines are voluntary. They review developing trends in current practice in "notice and access" and are based on early experiences of corporate issuers and a broad cross-section of service providers. They will be reviewed and updated annually to reflect the latest corporate practice and regulatory changes. (Read the NIRI IR Advisor.)