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CFA Society of Los Angeles-Sponsored Capital Markets Contest Starts Now.


LOS ANGELES -- The Chartered Financial Analysts Society of Los Angeles (CFALA) announces the opening bell of the 2007 Capital Markets Contest. Eighteen high schools start the contest; only three will take home awards presented at the finals on May 22, 2007. The finals take place at the Federal Reserve Bank in Los Angeles.

The Capital Markets Contest is a motivating approach to learn about the American economic system and financial markets. Teacher recruitment emphasizes districts and schools that serve minority and lower socioeconomic communities. For some students, this is their first exposure to a world outside of their neighborhood and their perceived limitations. The winning team does the best job of explaining the macroeconomic mac·ro·ec·o·nom·ics  
n. (used with a sing. verb)
The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors.
 factors that affected the performance of their $100,000 portfolio during the 10-week simulation. The contest ends with students advising Fed chair Bernanke on the future of interest rates. Prizes include a trip to New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
, and cash.

Teams from these schools now are managing their portfolio and observing the economy: Pilgrim, King Drew Magnet, South Pasadena, West, Alhambra, John F. Kennedy "John Kennedy" and "JFK" redirect here. For other uses, see John Kennedy (disambiguation) and JFK (disambiguation).
John Fitzgerald Kennedy (May 29, 1917–November 22, 1963), was the thirty-fifth President of the United States, serving from 1961 until his assassination in
, Centennial, California Academy of Math and Science California Academy of Math and Science is a magnet secondary school located in Carson, California, United States. The school, serving grades 9 through 12, is a part of the Long Beach Unified School District. , Roosevelt, Loyola, North Hollywood, Herbert Hoover, Dos Pueblos, La Serna, Bassett, Los Altos, St. Bernard St. Bernard

a very large (110-200 lb) dog with massive, broad head, medium-sized ears lying close to the head, and a long tail. There are two varieties, the most familiar (rough) has a long, thick coat, while the smooth variety has a shorter coat, lying close to the body.
, and Lincoln High Schools.

About the California Council on Economic Education (CCEE CCEE Conseil des Conférences Episcopales Européennes (Switzerland)
CCEE Câmara de Comercialização de Energia Elétrica
CCEE Consilium Conferentiarum Episcoporum Europae (Council of European Bishops' Conferences) 
)

The California Council on Economic Education (CCEE) is a nonprofit, nonpartisan consortium of education, business, and political and labor leaders dedicated to advancing economic literacy throughout California. We are affiliated with the National Council on Economic Education The National Council on Economic Education (NCEE) is a nationwide non-profit organization that leads in promoting economic and financial literacy kindergarten through 12th grade students and their teachers. External links
  • Official NCEE website
 in a nationwide network of state Councils and local Centers for Economic Education delivering economics education programs and materials to K-12 teachers. For more information on the California Council on Economic Education, please visit www.ccee.org

About the Chartered Financial Analyst Society of Los Angeles (CFALA)

The CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S.  Society of Los Angeles (CFALA) is an organization of more than 1900 financial professionals, most who have earned or are in the process of earning the Chartered Financial Analyst designation. CFALA is one of 131 affiliated societies of the CFA Institute, the global, nonprofit professional association that administers the Chartered Financial Analyst[R] (CFA[R]) curriculum and examination program worldwide, publishes research, conducts professional-development programs, and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute has more than 88,000 members in 129 countries and territories.

For more information on the Capital Markets Contest or if you would like to contact teachers about their school's participation, call Dan Pomerantz, CFALA Public Awareness at 213-627-1500 X703.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 26, 2007
Words:422
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