TheStreet.com Defers Prize Money for Beat the Street

Since our founding, TheStreet.com has strived to maintain the highest integrity in all of our pursuits. This is especially true with initiatives that involve our readers.

On April 2, TheStreet.com launched its first-ever stock market trading game, "Beat the Street," which ran until May 31. The game was intended to allow participants to try their hand at stock investing in an environment as realistic as possible, with a cash prize of $100,000.

The final results of the game indicate that players employed trading strategies to achieve returns that could not be duplicated in the real world, thereby depriving other contestants of an equal chance to win. ...