PHILADELPHIA–September 25, 2007
– The Philadelphia Stock Exchange, the nation’s first
stock exchange, celebrated the anniversary of one of the nation’s
oldest and largest regional securities broker/dealers with a special
bell ringing ceremony on Monday, September 24.
Janney President and CEO, Timothy C. Scheve, rang the opening bell
along with the Stock Market Game™ Program winning student
team from Joseph Greenberg School, a program that Janney sponsors.
The Stock Market Game™ is offered by the Foundation for Investor
Education.
"Teachers are using The Stock Market Game™ Program (SMGP)
to expand financial education in more than 16,000 classrooms across
the country, reaching more than 600,000 students every year,"
said Donna C. Peterman, chairman of the Foundation for Investor
Education. "In today's economy, knowledge of financial-goal
setting, company research and long-term saving and investing are
skills that will take students far in life. We very much appreciate
Janney Montgomery Scott's commitment to the SMGP and other Foundation
educational activities for investors."
About the PHLX
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades
more than 7,000 stocks, 2,502 equity options, 17 sectors index options
and currency options. For more information about the PHLX and its
products, visit www.phlx.com.
About Janney Montgomery Scott LLC
Founded in 1832, Janney is an integral part of the nation’s
financial history, holding the second oldest membership in the New
York Stock Exchange. The Firm ranks as a top-tier, full-service
firm, providing individual and institutional investors with financial
services, investment banking and municipal and public finance expertise.
Janney operates through a network of nearly 100 branch offices with
900 Financial Consultants. Janney is an independently operated affiliate
of the Penn Mutual Life Insurance Company. Penn Mutual ranks as
one of the 15 largest mutual insurance companies in the nation,
with more than $13 billion in assets. Janney Montgomery Scott LLC
is a member of the New York Stock Exchange, Financial Industry Regulatory
Authority and the Securities Investor Protection Corporation. www.jmsonline.com.
About The Foundation for Investor Education
The Foundation for Investor Education, an affiliate of the Securities
Industry and Financial Markets Association (SIFMA), is a charitable,
educational not-for-profit (501-c-3) organization dedicated to advocating
investor education in the U.S. SIFMA brings together the shared
interests of more than 650 securities firms, banks and asset managers.
SIFMA's mission is to promote policies and practices that work to
expand and perfect markets, foster the development of new products
and services and create efficiencies for member firms, while preserving
and enhancing the public's trust and confidence in the markets and
the industry. SIFMA works to represent its members’ interests
locally and globally. It has offices in New York, Washington D.C.,
and London and its associated firm, the Asia Securities Industry
and Financial Markets Association, is based in Hong Kong. The Foundation’s
Investor Education Program, offers an educational Web site, Path
To Investing — Leading the Way to Financial Knowledge®
(www.pathtoinvesting.org),
as well as print materials to annually serve the educational needs
of 300,000 adults at all levels of investing experience. More information
on The Stock Market Game Program can be found at http://www.stockmarketgame.org.
