Resumen
Marcelo de Cunha Medeiros has served as an Associate Editor since volume 3, issue 2, 2005 and is now stepping down. On behalf of the Brazilian Society of Finance and of all editorial board members I want to thank him for his service to the Review. His work and dedication were instrumental for the growing prestige and success of the Review. We welcome Ma ´rcio Poletti Laurini, from the Insper Institute of Education and Research, who will replace Marcelo as an Associate Editor.Our readers will notice that the Review initiated with this issue a gradual conver- sion into an English only publication. Papers will continue to be accepted and published in Portuguese for the time being but everything else will be in English, including all the front and back matter and editorial notes. We do not have a target date to discontinue the publication of articles in Portuguese at this time, but we encourage authors to submit their work in English.