Newly announced Investment Adviser Association President and CEO Karen Barr said Wednesday her top priority at the helm will be to increase opportunities for members to communicate with each other through regional meetings, social media and other outlets.

She said a plan for expanded outreach will be developed and revealed in the next several months. One thing the incoming IAA leader said will not be coming is the establishment for the first time of local chapters.

Speaking with Financial Advisor magazine a handful of hours after her elevation from IAA general counsel to the top spot was announced, Barr said the group’s leadership and legislative goals will be unchanged

Barr takes over as IAA President and CEO from David Tittsworth on November 3. When his departure was originally announced in February, the group said he would stay on as its leader until early next year.

She said the most important Dodd-Frank Act rulemaking for advisors that remains for the Securities and Exchange Commission to do more than four years after the law was passed is the law’s mandate for advisors and others who vote proxies on behalf of clients to disclose their say-on-pay votes.

Public companies are required to let shareholders give their opinions on executive compensation in a non-binding vote at least once every three years.

Barr said another Dodd-Frank rulemaking IAA is watching is on the comparison of CEO compensation to that of the median pay of workers. She added this would apply primarily to the biggest advisory firms.

In addition, Barr said IAA will be pushing the SEC to write rules on securities-based swaps in line with the regulations the Commodity Futures Trading Commission has for other derivatives.

She warned compliance with two different systems could be costly for advisors in terms of time and money.

Barr said IAA will continue to advocate for increased SEC funding to expand the number of investment advisors examined annually beyond the current 9 percent per year.

Barr added she will be working with other organizations to expand the number of women and young college grads as advisors.