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:
NIRI represents financial communicators in public companies.
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.
NIRI issues a periodic newsletter.
NIRI members usually come from the investor relations department.
NIRI has 32 chapters in the USA; 85% of its members belong to a chapter.
The typical NIRI member has a finance background, and so needs training in capital markets, communications, and legal issues.
There are investor relations certificate programs available, but full degree programs are sparse. One of the better providers is the University of San Francisco.
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).