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Last modified: Tuesday, February 19, 2002

Kelley School professor named to Nasdaq advisory board

The Nasdaq Stock Market Inc. has appointed Robert H. Jennings, the Gregg T. and Judith A. Summerville Professor of Finance in Indiana University's Kelley School of Business, to its Economic Advisory Board.

The primary goal of the Economic Advisory Board is to discuss and communicate specific policy recommendations to the Nasdaq Stock Market. The EAB meets formally twice a year in October and March and provides a forum for discussion of important issues relating to equity markets, the exchange of research ideas, and access to market data.

The Nasdaq Stock Market lists more than 4,100 companies and trades more shares per day than any other U.S. market.

Jennings has been on the IU faculty since the fall of 1980 and served as the Kelley School's Finance Department chair from 1996-2000. He also was the Visiting Economist at the New York Stock Exchange for the 2000-01 academic year and was a visiting associate professor of finance in 1992 at the University of Chicago.

He currently is associate editor of the Journal of Financial Markets and the Journal of Financial Research. Jennings' current research interest is the structure of financial security markets.

His research has been published in the Journal of Finance, the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, the Journal of Financial Markets, the Journal of Financial Intermediation, the Journal of Financial Services Research, Financial Management, the Journal of Financial Research, the Journal of Business, the Journal of Futures Markets, the Journal of Accounting Research and the Accounting Review. He also has had a monograph published by the Financial Analysts' Research Foundation.

Jennings received his doctorate in business from the University of Texas-Austin in 1981. He also received bachelor of science/bachelor of arts and master of business administration degrees from the University of Tulsa in 1973 and 1974.

The new EAB members join a distinguished group of financial economists that includes Michael J. Barclay, University of Rochester; William G. Christie, Vanderbilt University; John C. Coffee Jr., Columbia University; Mike Ferri, George Mason University; Erik R. Sirri, Babson College; and Chester S. Spatt (chairman of the EAB), Carnegie Mellon University.