Department of Labor and Regulation

Title - News

For Immediate Release: Thursday, April 30, 2014
Media Contact: Dawn Dovre, 605.773.3094

Winners Announced in State Securities Division Essay Contest

PIERRE, S.D. -- Seniors from eight South Dakota high schools have been named cash prize winners in an essay contest coordinated by the South Dakota Department of Labor and Regulation, Division of Securities.

"How to Create Financial Independence by Understanding Five Principles of Investing" was the theme of the investor education and protection initiative. South Dakota high school seniors were invited to submit five-page essays to win cash prizes of up to $6,000.

Winners of the 2013-2014 contest include:

  • First Place: Kristie Bade, $6,000, Northwestern Area High School
  • Second Place: Emma Froke, $5,000, West Central High School
  • Third Place: Ridge Sandal, $3,500, Wall High School
  • Fourth Place: Conrad Adam, $2,500, T.F. Riggs High School
  • Fifth Place: Summer Smith, $1,500, West Central High School

Drawing Winners:

  • $1,000 Drawings (2): Chelsey Mehlhoff Clyde, Warner High School and Abigail Ceremuga, RC Stevens High School
  • $750 Drawings (2): Rachel Zacher, Belle Fourche High School and Austin Effling, Britton-Hecla High School
  • $500 Drawings (2): Jalen Hurley, Parkston High School and Colin Geppert, Kimball High School
  • $250 Drawings (2): Schyler Sattler, Northwestern Area High School and Sachiko Risseeuw, Plankinton High School

The Division of Securities received 189 entries in the eighth annual contest. Essays were judged on their content and placed in one of four levels. When all papers were categorized, division officials randomly selected two winners from each level.

In addition to submitting essays, students also had to be sponsored by a teacher from their high school. Educators sponsoring the top five winning students received cash prizes up to $500. The teacher sponsoring the most senior student essays won $500.

One teacher was also randomly drawn to win $100. Educators honored as sponsors are:

  • Anne Frericks, $500, Northwestern Area High School, for sponsoring the first place winner.
  • Kent Mueller, $400, West Central High School, for sponsoring the second place winner.
  • David Ermish, $300, Wall High School, for sponsoring the third place winner.
  • Denise Thompson, $200, T.F. Riggs High School, for sponsoring the fourth place winner.
  • JoAnne Bohl, $100, West Central High School, for sponsoring the fifth place winner.
  • Tyler Hockett, Parkston High School, received $100 for sponsoring the most qualified entries; and Andrea Johnson, West Central High School, was the teacher randomly chosen to receive a cash prize of $100.

The essay contest was funded by a grant from the Investor Protection Trust (IPT), a nonprofit organization devoted to investor education. Since 1993, the IPT has worked with states to provide independent, objective investor education all Americans can use to make informed investment decisions. For more information, visit www.investorprotection.org.

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Marcia Hultman, Secretary
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184