A new board was elected at the general meeting of the Fördergesellschaft Finanzmarktforschung e.V.: Matthias Schellenberg, Chairman of the Managing Board of apoBank, was elected as the new President, Christian Otto, President of the Head Office of the Deutsche Bundesbank in NRW, and Gabriela Pantring, Deputy Chairwoman of the Managing Board of NRW.BANK, as additional members of the board. Our warmest congratulations! At the same time, we would like to thank the outgoing members of the board, Dr. Rudolf Apenbrink, Dr. Andreas Dartsch and Michael Stölting, for their outstanding work over the past years!

The CFR Working Paper No. 22-05 "Limits of Disclosure Regulation in the Municipal Bond Market" by Nathan W. Heinrich, Ivan T. Ivanov and Tom Zimmermann has been accepted for publication in "Management Science".

The CFR Working Paper No. 19-05 "Finding your calling: Matching skills with jobs in the mutual fund industry" by Gjergji Cici, Mario Hendriock, and Alexander Kempf has been accepted for publication in "Management Science".

We are pleased to welcome Dr. Benedikt Fabian Ballensiefen as a new Assistant Professor for Investments at the CFR. Dr. Ballensiefen completed his doctorate on the topic of "Short-Term Funding Markets" and his research focuses on asset pricing, monetary policy, and market structure. We are very pleased to have gained Dr. Ballensiefen as a promising young researcher who will enrich the CFR with his research expertise and experience from his work for the World Bank.

The CFR Working Paper No. 20-10 "Earnings Autocorrelation and the Post-Earnings-Announcement Drift: Experimental Evidence" by Josef Fink, Stefan Palan and Erik Theissen has been accepted for publication in the Journal of Financial and Quantitative Analysis.