Securities and Exchange Commission
December 17, 2015

NIRI Report: Selective Disclosure of Proxy Advisory Firm Reports - December 17, 2015

The National Investor Relations Institute sent a report to the SEC on December 17, 2015, involving proxy advisory firms.  This NIRI report documented numerous examples of proxy advisory firm reports being selectively released into the public domain.  NIRI urged the SEC to require that proxy advisory firms publicly disclose an entire company report whenever an excerpt of the report is released to the investing public.