One of NIRI's four primary mission areas is advocacy regarding regulatory initiatives impacting the investor relations profession. This important function aggregates the opinion of NIRI's many members, representing trillions of dollars in combined public company market capitalization, bringing the IRO's voice to the regulatory table in Washington, D.C. This key member benefit is particularly critical in today's rapidly changing regulatory atmosphere. More details on NIRI's advocacy agenda can be found here.
When appropriate, NIRI collaborates with related professional and other organizations in the area of advocacy. An example of this is NIRI's involvement with the Shareholder Communications Coalition (which includes the Society for Corporate Governance) and its work toward proxy reform.
Another advocacy resource is the Advocacy Committee of the NIRI Board of Directors. Charged with identifying emerging issues that will require NIRI advocacy and determining the appropriate advocacy approach, this group is working to ensure that IR has a seat at the table on critical industry issues in Washington and beyond.
Every September, NIRI's Board meets with the Securities and Exchange Commission staff to raise members' regulatory concerns and to hear the staff's views on key IR issues. An IR Update recap of the most recent meeting can be found here.
In December 2014, the Advocacy Committee approved a new "advocacy ambassador" initiative that seeks to build greater support at the chapter level for NIRI's advocacy priorities These ambassadors will gather input and data from chapters about issues that NIRI may take a position on and help answer members’ questions about regulatory concerns. NIRI is encouraging each chapter to appoint an “advocacy ambassador.” Chapters may create a new officer position or designate an existing officer to handle this responsibility.
Please check out the links available through this section to learn more about industry regulations currently in place, those under consideration, and NIRI's advocacy actions on behalf of members.