The National Investor Relations Institute (#110)
/In this podcast episode, we talk about the functions of the National Investor Relations Institute (NIRI). Key points made are:
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NIRI represents financial communicators in public companies.
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NIRI provides education about investor relations best practices and SEC rule changes, and provides community activities for its members. It also represents members before government agencies and legislators.
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NIRI issues a periodic newsletter.
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NIRI members usually come from the investor relations department.
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NIRI has 32 chapters in the USA; 85% of its members belong to a chapter.
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The typical NIRI member has a finance background, and so needs training in capital markets, communications, and legal issues.
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There are investor relations certificate programs available, but full degree programs are sparse. One of the better providers is the University of San Francisco.
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New topics that NIRI is discussing with its members are dark pools, the use of social media, video, website content, and governance (including pay disclosures).