NIRI Publishes Seventh Edition of Standards of Practice for Investor Relations – Disclosure

 

ALEXANDRIA, VA, July 21, 2023 – NIRI: The Association for Investor Relations completed a comprehensive update of its landmark publication, Standards of Practice for Investor Relations – Disclosure. The new seventh edition is designed to educate investor relations (IR) professionals on legal requirements and best practices in disclosure of information to stakeholders.

NIRI began setting standards for the investor relations profession in 1996 with the Standards and Guidance for Disclosure, and has updated it periodically over the years, culminating with this seventh edition.

Today, thousands of investor relations professionals and other corporate executives use this reference for guidance on disclosure and interaction with analysts and investors. It is also a popular reference for securities lawyers.

NIRI appointed the 2023 NIRI Working Group on Disclosure to provide strategic guidance and review of this publication and it has been approved by the NIRI Board of Directors, which recommends that U.S. public companies review and adopt these disclosure recommendations.

Members of the Working Group include:
  • Michael Becker, EVP, Strategic Partnerships & Initiatives, Business Wire
  • Julie Dewey, IRC, Chief Corporate Communications and Investor Relations Officer, Nevro Corp.
  • David Erickson, Vice President, Investor Relations, Evolus, Inc.
  • Sam Levenson, Chief Executive Officer, Arbor Advisory Group
  • Carol Merry, Senior Vice President, Fahlgren Mortine
  • Maureen Wolff, CEO, Sharon Merrill Advisors
  • Tabitha Zane, IRC, Vice President, Investor Relations, TopBuild Corp.

Many prominent attorneys and investor relations advisors authored the publication. They include:
  • Folake K. Ayoola, Goodwin
  • Brian V. Breheny, Skadden, Arps, Slate, Meagher & Flom LLP
  • Stephen Cooke, Paul Hastings LLP
  • Sally Curley, IRC, Curley Global IR, LLC
  • Ben Dale, Perkins Coie LLP
  • Sean M. Donahue, Goodwin
  • Brent Fassett, Wilson Sonsini Goodrich & Rosati P.C.
  • Caroline S. Kim, Skadden, Arps, Slate, Meagher & Flom LLP
  • Lawrence Levin, Katten Muchin Rosenman LLP
  • Elizabeth McNichol, Katten Muchin Rosenman LLP
  • Andrew Moore, Perkins Coie LLP
  • Mark Reyes, Katten Muchin Rosenman LLP
  • Jonathan E. Richman, Proskauer Rose LLP
  • Merritt Steele, Wilson Sonsini Goodrich & Rosati P.C.
  • Frank Zarb, Proskauer Rose LLP
  • Michael L. Zuppone, Paul Hastings LLP
“Disclosure is a core competency in the practice of investor relations, and IR professionals have often been referred to as ‘chief disclosure officers,’” said NIRI President and CEO Matthew D. Brusch, CAE. “They must have a working knowledge of disclosure concepts, securities regulations, and court decisions that shape what information is disclosed, when, how, and to whom. This publication provides that knowledge and should be an essential part of every Investor Relations Officer’s toolkit.”

Standards of Practice for Investor Relations – Disclosure (Seventh Edition) is available as a benefit of membership to NIRI members, and for purchase by nonmembers at www.niri.org.

About NIRI: The Association for Investor Relations
Founded in 1969, NIRI is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts, and other financial community constituents. NIRI is the largest professional investor relations association in the world with members representing over 1,500 publicly held companies and $12 trillion in stock market capitalization.

Contact : Al Rickard , 703-402-9713,  arickard@niri.org