NIRI NOW
Attend the NIRI Legislative and Advocacy Fly-In September 19-20, 2024
Issues such as the SEC Proxy Advisory Rule and 13F Reform are in play as NIRI delivers its strong advocacy agenda.
T
he annual NIRI Legislative and Advocacy Fly-In is scheduled for September 19-20, 2024 in
Washington, DC, and NIRI encourages all regular members (IR practitioners) to attend. In this unique event, IR professionals will join their peers on Capitol Hill to meet with members of Congress or their staff and the SEC Division of Corporation Finance. Te event is more important than ever as
NIRI continues to activate its strong advocacy agenda on key issues such as the Securities and Exchange Commission (SEC) Proxy Advisory Rule and 13F Reform. For example, in late June 2024, the Fifth
Circuit Court of Appeals overturned a 2022 SEC rule that sought to reduce the regulatory burdens placed on proxy advisory firms. Te court restored the portion of a 2020 SEC final rule that permitted public companies to review and comment on reports published by proxy advisory firms, in connection with shareholder meetings. NIRI has been seeking SEC oversight
of these firms for more than a decade, and a 2020 final rule permitted companies to review and comment on their reports be- fore voting occurred at annual and special shareholder meetings. However, that “review
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and comment” process was eliminated in 2022 through a new SEC rulemaking. Te ruling requires the SEC to re-issue
a final rule that reinstates the “review and comment” process for public companies, and NIRI must ensure that the voices of investor relations professionals are influ- ential in this process. Likewise, a potential future SEC rule-
making for reform of Section 13(f) of the Securities and Exchange Act of 1934 is an- other longstanding NIRI advocacy priority. NIRI has joined with the Society for
Corporate Governance and NYSE to jointly petition the SEC to request that the SEC initiate a rulemaking to modernize its Sec- tion 13(f) disclosure rules by reducing the outdated 45-day filing period to no more than five business days. NIRI is also seeking congressional legislation authorizing the SEC to move from quarterly disclosures to monthly disclosures. Tis issue requires consistent advocacy
from NIRI members to push for this reform, which would increase investor confidence in the integrity of the U.S. securities markets. Tus the NIRI Legislative and Advocacy
Fly-In is a unique opportunity for investor relations professionals to participate in hands-
on advocacy work to benefit the profession. Tey will receive exclusive briefing ses- sions on key activities in Congress impacting the industry, new regulations and implemen- tation plans, and NIRI’s legislative priorities. Interactive training on advocacy, com-
municating your “ask” and building rela- tionships with your elected leaders is also part of the event. Just a few reasons to attend include:
• Network with like-minded NIRI members who are passionate about advocacy.
• Seize the unique opportunity to advance the IR profession through public policy.
• Enhance your communication skills through discussion with key leaders and their staff.
• Learn how to engage with elected officials from your home base.
• Hone your leadership abilities and return to the workplace a more empowered team leader. Registration is free for all regular NIRI
members, but capacity is limited. For more information and to register, visit
www.niri. org/flyin2024. Further information about the NIRI Advocacy Agenda is also available at
www.niri.org/advocacy/niri-regulatory- positions/reform-issues. IR
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