SIFMA and the SIFMA Foundation Congratulate All Participants of the 10th Annual “Capitol Hill Challenge”

Contact: Liz Pierce, 212.313.1173, [email protected]

More Than 15,000 Students from 669 Schools Participate in the SIFMA Foundation Competition to Teach Financial Literacy and Expose Students to Fiscal Policymaking

Washington, DC, May 22, 2013— SIFMA and the SIFMA Foundation today congratulated all the participants of the 10th annual Stock Market Game™-“Capitol Hill Challenge” (CHC) national competition, and announced the ten teams, with the highest return on their portfolio, who will be recognized at an Awards Reception in Washington, D.C. on June 19th.

This 14-week competition among teams of high school students organized by Congressional district and state is a special version of the Stock Market Game™ where the student teams invest a hypothetical $100,000 in listed stocks, bonds and mutual funds while simultaneously learning the value of saving and investing as they work together to maximize the return of their portfolio.

High Technology High School, in Lincroft, N.J., took first place after producing a portfolio value of $321,175.12; second place was awarded to students from Neuqua Valley High School, in Naperville, Ill., with a portfolio valued at $246,823.00; third place went to students from Canyonville Christian Academy, in Canyonville, Ore., with a portfolio totaling $237,009.19; fourth place was awarded to students from Lewisburg High School, in Lewisburg, Pa., with a portfolio valued at $198,185.00; in fifth place with a portfolio value of $173,247.85 was North Little Rock High School, in North Little Rock, Ark.; sixth place went to students from Reeths-Puffer High School, in Muskegon, Mich., with a portfolio totaling $170,245.11; students from Oak Hill High School, in Sabattus, Maine, came in seventh with a portfolio value of $163,424.20; eighth place was awarded to Clyde A. Erwin High School, in Asheville, N.C., with a final portfolio of $161,363.78; North Broward Preparatory School, in Coconut Creek, Fla., came in ninth place with a portfolio value of $152,882.13; and in tenth place was a team from Passaic Valley High School, in  Little Falls, N.J., with a final portfolio of $152,420.39.

“SIFMA congratulates this year’s participants of the SIFMA Foundation’s Stock Market Game™ – ‘Capitol Hill Challenge,’” said Kenneth E. Bentsen, Jr., President of SIFMA. “This important program enables our nation’s youth to learn the basics of saving, investing and investment planning. We commend every team for taking the initiative to learn these important life skills that will help them succeed in any future career path.”

The competition uses the curriculum-based Stock Market Game™, a program of the SIFMA Foundation, to help students develop a better understanding of the global economy, strengthen their personal financial skills and improve their knowledge of math, economics and business.

Since the Capitol Hill Challenge began in 2004, nearly 1,700 Representatives and Senators have engaged in this special version of the Stock Market Game™ Program with more than 45,000 students from schools across the country. High school students from all 50 states are participating in this year’s competition.

To view the final rankings from this year’s participating schools, visit the SIFMA Foundation’s website: www.sifma.org/chc.

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About SIFMA Foundation’s Stock Market Game

SIFMA Foundation’s Stock Market Game is a curriculum-based program where student teams in grades 4-12 learn about the global marketplace and long-term saving and investing fundamentals by using a hypothetical brokerage account. The program serves 25,000 teachers and 600,000 students annually. Teachers receive grade-level specific curriculum guides, lesson plans and newsletters to incorporate the program into their core mathematics, social studies, business, economics and language arts programs. For more on the Stock Market Game please visit: http://www.stockmarketgame.org.

About the SIFMA Foundation for Investor Education

The SIFMA Foundation is dedicated to fostering knowledge and understanding of the financial markets for individuals of all backgrounds. Drawing on the support and expertise of the financial industry, the SIFMA Foundation provides financial education programs and tools that strengthen economic opportunities across communities and increase individuals’ access to the benefits of the global marketplace. Notable Foundation programs include the Stock Market Game, which has served more than 14 million students since it began in 1977, the InvestWrite national essay competition, and the Capitol Hill Challenge. For more information on the work of the SIFMA Foundation, visit http://www.sifma.org/foundation.

About SIFMA

The Securities Industry and Financial Markets Association (SIFMA) brings together the shared interests of hundreds of securities firms, banks and asset managers.  SIFMA’s mission is to support a strong financial industry, investor opportunity, capital formation, job creation and economic growth, while building trust and confidence in the financial markets.  SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA).  For more information, visit http://www.sifma.org.