State seeks entries for annual financial literacy essay contest

Securities has mailed rules to schools, will award bonds to H.S. seniors

Nashville, TN  – It’s time again for money-savvy high school seniors to put on their thinking caps. The Securities Division of Tennessee’s Department of Commerce and Insurance is seeking entries for its annual essay contest.

Tennessee 12th-graders who enter are to write a 1,500-word essay on the topic: “Discuss how social media has influenced you, if at all, in developing the goals and financial plans for your future, and how social media has contributed to your decisions for your financial future.” There will be two winners selected from the state’s eastern, middle and western regions. First-place winners will receive a $2,000 savings bond; second-place winners will be awarded a $1,000 savings bond.

December 5th, 2010, is the deadline for entries. Securities Division representatives will present the certificates during the winners’ schools’ senior awards programs at the end of the 2010 school year. The savings bonds will be mailed to the winners.

The Securities Division has mailed schools throughout the state to raise awareness of the annual contest. The Contest rules are also posted on the Securities Division website. Students or school representatives who have questions should contact Patsy Holt at 800-863-9117, 615-253-8722 or .

About the Tennessee Securities Division

Through enforcement of the Tennessee Securities Act of 1980 to maintain the integrity of the securities market, the Securities Division promotes investor education and the prevention of fraud in the securities industry. The Department of Commerce and Insurance works to protect consumers while ensuring fair competition for industries and professionals who do business in Tennessee.