Former L.A. charter school leader fined for conflict of interest

A former local charter school operator has agreed to pay a $16,000 fine for misconduct that includes using public education funds to lease her own buildings.

Under a tentative settlement with the state’s Fair Political Practices Commission, Kendra Okonkwo acknowledges that she improperly used her official position “to influence governmental decisions in which she had a financial interest,” according to documents posted Monday by the state agency.

The settlement or “stipulation” notes two instances of wrongdoing: establishing leases for the school in two buildings that Okonkwo owned and arranging for public funds to pay for renovations to these structures.

The school, Wisdom Academy for Young Scientists, lost its charter to operate and closed last year.

Parents at 20th Street Elementary confront district’s rejection of their takeover attempt

“In this matter, Okonkwo engaged in a pattern of violations in which she made, used or attempted to use her official position to influence governmental decisions involving real property in which she had a significant financial interest,” the commission said.

Okonkwo declined to comment, but the commission cited several factors for not imposing a larger fine, including that “Okonkwo understands the seriousness of the violations and accepts responsibility for her actions.”

The South Los Angeles school, which opened in 2006, had been targeted by regulators for several years.

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The violations cited this week by the state date from 2010 and 2011, when Okonkwo earned a total of $223,615 as the elementary school’s executive director. She also received about $19,000 a month in rent from the school. She attempted to eliminate the appearance of conflict by assigning the property to a new, separate corporation, for which her mother signed the leases. But the arrangement did not pass legal muster, according to the state.

The other violation pertains to Okonkwo signing contracts for school-funded renovations worth $62,000. Okonkwo addressed this conflict by resigning as executive director. Someone else then signed the renovation contract.

Charters are independently operated and exempt from some rules that govern traditional campuses. Wisdom Academy began under the jurisdiction of the L.A. Unified School District, which refused to renew the school after its initial five-year charter expired.

A report to the school board cited “serious concerns pertaining to violations of conflict-of-interest laws against self-dealing on the part of the school’s executive director as well as insufficient governance by the … board of directors.”

The L.A. Unified action did not close the school because, under state law, a charter can appeal to the Los Angeles County Office of Education, which chose to take over as the supervising agency.

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But the county office eventually turned against the school as well, revoking its charter in 2014, and leading to its shutdown at the end of the last school year.

The county cited a report by state auditors, who concluded that administrators may have funneled millions in state funds to Okonkwo, her relatives and close associates.

Charter school awarded $7.1 million in case against LAUSD

Charter school awarded $7.1 million in case against LAUSD

Some of the allegations bordered on the bizarre.

Auditors questioned, for example, the use of school funds to pay a $566,803 settlement to a former teacher who sued the organization for wrongful termination after she was directed by Okonkwo to travel with her to Nigeria to marry Okonkwo’s brother-in-law for the purpose of making him a United States citizen.

The organization’s payment of the settlement was inappropriate because Okonkwo was not acting within the scope of her school employment, auditors concluded.

The school took its fight to survive all the way to the state board of education.

Follow the Times’ education initiative to inform parents, educators and students across California >> 

In papers filed with the state, Wisdom’s leaders accused auditors and the county office of misconduct and “open hostility … against this African American operated school,” calling it “the culmination of years of unfair treatment and retaliation … because a few [county office] staff members dislike our school’s founder Kendra Okonkwo, her family, the thickness of her accent, and the color of her skin.”

State officials declined to overrule the charter revocation.

howard.blume@latimes.com

Twitter: @howardblume 

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AB-1084 Charter schools: for-profit entities.

Bill Start

Amended
 IN 
Senate
 June 06, 2016
Amended
 IN 
Assembly
 January 04, 2016

CALIFORNIA LEGISLATURE—
2015–2016 REGULAR SESSION


Assembly Bill
No. 1084
Introduced by Assembly Member Bonilla
February 27, 2015

An act to amend Section 4996.18 of the Business and Professions add Section 47604.2 to the Education Code, relating to social workers. charter schools.

LEGISLATIVE COUNSEL’S DIGEST

AB 1084, as amended, Bonilla.
Social workers: examination. Charter schools: for-profit entities.

Existing law, the Charter Schools Act of 1992, authorizes a charter school to elect to operate as, or be operated by, a nonprofit public benefit corporation, as specified.

This bill, commencing with the 2017–18 school year and each school year thereafter, would do both of the following: (1) prohibit a virtual or online charter school, as defined, from being owned or operated by, or operated as, a for-profit entity; and (2) prohibit a nonprofit online charter school, nonprofit charter virtual academy, and a nonprofit entity that operates an online or virtual charter school from contracting with a for-profit entity for the provision of instructional services.

The Clinical Social Worker Practice Act provides for the licensure and regulation of clinical social workers by the Board of Behavioral Sciences within the Department of Consumer Affairs. The act requires an applicant for licensure to, among other things, have at least 3,200 hours of post-master’s degree supervised experience providing social work services. The act requires an applicant who possesses a master’s degree from a school or department of social work that is a candidate for accreditation by a specified accrediting body, to register with the board as an associate clinical social worker in order to gain the required experience in social work services; however, the act prohibits that applicant from being eligible for examination for licensure until the school or department of social work receives
accreditation. On and after January 1, 2016, an applicant for licensure under the act is required to pass 2 examinations, a California law and ethics examination and a clinical examination.

This bill would, instead, prohibit an applicant who possesses a master’s degree from a school or department of social work that is a candidate for accreditation, from taking only the clinical examination until the school or department receives the accreditation.

Digest Key

Vote:
MAJORITY  
Appropriation:
  
Fiscal Committee:
YESNO  
Local Program:
  

Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 47604.2 is added to the Education Code, to read:

47604.2. Notwithstanding any other law, commencing with the 2017–18 school year, and each school year thereafter:

(a) A virtual or online charter school shall not be owned or operated by, or operated as, a for-profit entity. For purposes of this section, “virtual or online charter school” means a charter school in which at least 80 percent of teaching and pupil interaction occurs via the Internet.

(b) A nonprofit online charter school, nonprofit charter virtual academy, or a nonprofit entity that operates an online or virtual charter school shall not contract with a for-profit entity for the provision of instructional services.

SECTION 1.Section 4996.18 of the Business and Professions Code is amended to read:4996.18.

(a)A person who wishes to be credited with experience toward licensure requirements shall register with the board as an associate clinical social worker prior to obtaining that experience. The application shall be made on a form prescribed by the board.

(b)An applicant for registration shall satisfy the following requirements:

(1)Possess a master’s degree from an accredited school or department of social work.

(2)Have committed no crimes or acts constituting grounds for denial of licensure under Section 480.

(3)Commencing January 1, 2014, have completed training
or coursework, which may be embedded within more than one course, in California law and professional ethics for clinical social workers, including instruction in all of the following areas of study:

(A)Contemporary professional ethics and statutes, regulations, and court decisions that delineate the scope of practice of clinical social work.

(B)The therapeutic, clinical, and practical considerations involved in the legal and ethical practice of clinical social work, including, but not limited to, family law.

(C)The current legal patterns and trends in the mental health professions.

(D)The psychotherapist-patient privilege, confidentiality, dangerous patients, and the treatment of minors with and without parental consent.

(E)A recognition and exploration of the relationship between a practitioner’s sense of self and human values, and his or her professional behavior and ethics.

(F)Differences in legal and ethical standards for different types of work settings.

(G)Licensing law and process.

(c)An applicant who possesses a master’s degree from a school or department of social work that is a candidate for accreditation by the Commission on Accreditation of the Council on Social Work Education shall be eligible, and shall be required, to register as an associate clinical social worker in order to gain experience toward licensure if the applicant has not committed any crimes or acts that constitute grounds for denial of licensure under Section 480. That applicant shall not,
however, be eligible to take the clinical examination until the school or department of social work has received accreditation by the Commission on Accreditation of the Council on Social Work Education.

(d)All applicants and registrants shall be at all times under the supervision of a supervisor who shall be responsible for ensuring that the extent, kind, and quality of counseling performed is consistent with the training and experience of the person being supervised, and who shall be responsible to the board for compliance with all laws, rules, and regulations governing the practice of clinical social work.

(e)Any experience obtained under the supervision of a spouse or relative by
blood or marriage shall not be credited toward the required hours of supervised experience. Any experience obtained under the supervision of a supervisor with whom the applicant has a personal relationship that undermines the authority or effectiveness of the supervision shall not be credited toward the required hours of supervised experience.

(f)An applicant who possesses a master’s degree from an accredited school or department of social work shall be able to apply experience the applicant obtained during the time the accredited school or department was in candidacy status by the Commission on Accreditation of the Council on Social Work Education toward the licensure requirements, if the experience meets the requirements of Section 4996.23. This subdivision shall apply retroactively to persons who possess a master’s degree from an accredited school or department of social work and who obtained experience during the time the accredited school
or department was in candidacy status by the Commission on Accreditation of the Council on Social Work Education.

(g)An applicant for registration or licensure trained in an educational institution outside the United States shall demonstrate to the satisfaction of the board that he or she possesses a master’s of social work degree that is equivalent to a master’s degree issued from a school or department of social work that is accredited by the Commission on Accreditation of the Council on Social Work Education. These applicants shall provide the board with a comprehensive evaluation of the degree and shall provide any other documentation the board deems necessary. The board has the authority to make the final determination as to whether a degree meets all requirements, including, but not limited to, course requirements regardless of evaluation or accreditation.

(h)A registrant
shall not provide clinical social work services to the public for a fee, monetary or otherwise, except as an employee.

(i)A registrant shall inform each client or patient prior to performing any professional services that he or she is unlicensed and is under the supervision of a licensed professional.

Call for Proposals: The Foundation for Blended and Online Learning to Reward Education Innovators

10:30 ET
from The Foundation for Blended and Online Learning

HERNDON, Va., May 17, 2016 /PRNewswire-USNewswire/ — The Foundation for Blended and Online Learning is now accepting applications for grant proposals to recognize and reward innovative educators in blended and online learning environments.

The Foundation’s Teacher Grant Program is looking for teachers and counselors demonstrating excellence with their use of digital tools and out-of-the-box teaching strategies, including but not limited to video, social media, games and other highly-engaging and effective learning strategies.

One-time grants of up to $10,000 each will be awarded. All grants will be made payable to the school and may be used for technology, software, curriculum, classroom supplies and materials.

Launched in January, the mission of The Foundation for Blended and Online Learning is to empower students through personalized learning by advancing the availability and quality of blended and online learning opportunities and outcomes.

Eligibility

Applicants for the Teacher Grant Program must:

  • Be a teacher or guidance counselor, grades K-12, employed by an accredited, state-approved blended or online learning program in the United States.
  • Propose an innovative project that relates specifically to one or more of the following areas:
    • Special Education Support using technology as a catalyst for individual growth
    • English Language Acquisition/English Language Learning (ELA/ELL)
    • Remedial Math
    • Literacy/Reading Interventions

Applications can be submitted at: https://www.scholarsapply.org/fbol-teachergrant/

The deadline for applications is June 15, 2016.

About The Foundation for Blended and Online Learning

The Foundation for Blended and Online Learning is an independent charitable education organization. The mission of the foundation is to empower students through personalized learning by advancing the availability and quality of blended and online learning opportunities and outcomes. To become involved with The Foundation or to learn more, visit www.blendedandonlinelearning.org 

Logo – http://photos.prnewswire.com/prnh/20160126/326165LOGO

SOURCE The Foundation for Blended and Online Learning

Related Links

http://www.blendedandonlinelearning.org

K12 Inc. (LRN) Drops 5.2% on September 22

K12 Inc. (LRN) was one of the Russell 2000's biggest losers for Tuesday September 22 as the stock slid 5.2% to $12.75, a loss of $-0.7 per share. Starting at an opening price of $13.27 a share, the stock traded between $12.60 and $13.50 over the course of the trading day. Volume was 149,710 shares over 1,222 trades, against an average daily volume of n/a shares and a total float of 38.3 million.

The losses send K12 Inc. down to a market cap of $488.38 million. In the last year, K12 Inc. has traded between $17.71 and $10.07, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

K12 Inc. is based out of , and has some n/a employees. Its CEO is .

For a complete fundamental analysis analysis of K12 Inc., check out Equities.com’s Stock Valuation Analysis report for LRN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.


For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

K12 Inc. (LRN) Jumps 5.3% on April 03 – Equities.com Global Financial Community

K12 Inc. (LRN) Jumps 5.3% on April 03

K12 Inc. (LRN) was among the biggest gainers on the Russell 2000 for Friday April 03 as the stock popped 5.3% to $16.69, representing a gain of $0.84 per share. Some 207,262 shares traded hands on 1,972 trades, compared with an average daily volume of 301,520 shares out of a total float of 38.41 million. The stock opened at $15.85 and traded with an intraday range of $16.91 to $15.85.

After today's gains, K12 Inc. reached a market cap of $641.1 million. K12 Inc. has had a trading range between $26.20 and $10.07 over the last year, and it had a 50-day SMA of $15.95 and a 200-day SMA of $16.49.

The stock has a P/E Ratio of 19.2.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.

K12 Inc. is based out of Herndon, VA and has some 4,200 employees. Its CEO is Nathaniel A. Davis.

For a full analysis of K12 Inc., check out Equities.com's E.V.A. report.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

K12 Inc. (LRN) Jumps 5.3% on April 02 – Equities.com Global Financial Community

K12 Inc. (LRN) Jumps 5.3% on April 02

K12 Inc. (LRN) was among the biggest gainers on the Russell 2000 for Thursday April 02 as the stock popped 5.3% to $16.69, representing a gain of $0.84 per share. Some 207,262 shares traded hands on 1,972 trades, compared with an average daily volume of 302,790 shares out of a total float of 38.41 million. The stock opened at $15.85 and traded with an intraday range of $16.91 to $15.85.

After today's gains, K12 Inc. reached a market cap of $641.1 million. K12 Inc. has had a trading range between $26.20 and $10.07 over the last year, and it had a 50-day SMA of $15.85 and a 200-day SMA of $16.53.

The stock has a P/E Ratio of 18.2.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.

K12 Inc. is based out of Herndon, VA and has some 4,200 employees. Its CEO is Nathaniel A. Davis.

For a full analysis of K12 Inc., check out Equities.com's E.V.A. report.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

K12 Inc. (LRN) Jumps 30.32% on January 29 – Equities.com Global Financial Community

K12 Inc. (LRN) Jumps 30.32% on January 29

K12 Inc. ($LRN) was among the biggest gainers on the Russell 2000 for Thursday January 29 as the stock popped 30.32% to $14.40, representing a gain of $3.35 per share. Some 1.38 million shares traded hands on 9,888 trades, compared with an average daily volume of 397,770 shares out of a total float of 38.29 million. The stock opened at $11.22 and traded with an intraday range of $14.46 to $11.22.

After today's gains, K12 Inc. reached a market cap of $551.37 million. K12 Inc. has had a trading range between $26.20 and $10.07 over the last year, and it had a 50-day SMA of $11.66 and a 200-day SMA of $18.03.

The stock has a P/E Ratio of 25.8.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.

K12 Inc. is based out of Herndon, VA and has some 4,200 employees. Its CEO is Nathaniel A. Davis.

For a full analysis of K12 Inc., check out Equities.com's E.V.A. report.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

K12 Inc. (LRN) Drops 6.81% on January 06 – Equities.com Global Financial Community

K12 Inc. (LRN) Drops 6.81% on January 06

K12 Inc. ($LRN) was one of the Russell 2000's biggest losers for Tuesday January 06 as the stock slid 6.81% to $10.53, a loss of $-0.77 per share. Starting at an opening price of $11.48 a share, the stock traded between $10.52 and $11.48 over the course of the trading day. Volume was 258,547 shares over 2,060 trades, against an average daily volume of 433,812 shares and a total float of 38.29 million.

The losses send K12 Inc. down to a market cap of $403.19 million. In the last year, K12 Inc. has traded between $26.20 and $11.08, and its 50-day SMA is currently $12.39 and 200-day SMA is $18.93.

The stock has a P/E Ratio of 25.1.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.

K12 Inc. is based out of Herndon, VA and has some 4,200 employees. Its CEO is Nathaniel A. Davis.

For a full analysis of K12 Inc., check out Equities.com's E.V.A. report.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

K12 Inc. (LRN) Drops 14.32% on October 30 – Equities.com Global Financial Community

K12 Inc. (LRN) Drops 14.32% on October 30

K12 Inc. (LRN) was one of the Russell 2000's biggest losers for October 30 as the stock slid 14.32% to $12.98, a loss of $2.17 per share. Starting at an opening price of $15.13 a share, the stock traded between $12.97 and $15.27 over the course of the trading day. Volume was 1,072,932 shares over 8,700 trades, against an average daily volume of 455,519 shares and a total float of 38,411,114.

The losses send K12 Inc. down to a market cap of $498,576,260. In the last year, K12 Inc. has traded between $26.20 and $12.94, and its 50-day SMA is currently $16.70 and 200-day SMA is $21.09.

The stock's P/E Ratio is 30.30.

For a full analysis of K12 Inc., check out Equities.com's E.V.A. report.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.

K12 Inc., led by CEO Nathaniel A. Davis, has 4200 employees and is headquartered in Herndon, VA.

One of the most effective tools for tracking the market for small-cap stocks is the Russell 2000, the nation's leading small-cap index created by industry stalwart Russell Investments. Unlike the well-known Dow Jones Industrial Average (DJIA) and S&P 500, Russell's indices eschew committee selection in favor of a more objective, rules-based system for selecting index membership.

The broad-based Russell 3000, which is meant to cover the stock market as a whole, is simply the 3,000 companies with the largest market cap in the United States. The Russell 2000 is then just the bottom 2,000 companies of that index, offering a look at those small-cap companies with smaller market caps. It makes for an unbiased overview of the small-cap stocks that can help any investor get a better sense of what the market is doing and where it might be headed.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

K12 Inc. (LRN) Drops 5.57% on October 13 – Equities.com Global Financial Community

K12 Inc. (LRN) Drops 5.57% on October 13

K12 Inc. (LRN) was one of the Russell 2000's biggest losers for October 13 as the stock slid 5.57% to $13.05, a loss of $0.77 per share. Starting at an opening price of $13.80 a share, the stock traded between $13.00 and $13.80 over the course of the trading day. Volume was 678,742 shares over 5,451 trades, against an average daily volume of 450,316 shares and a total float of 38,411,114.

The losses send K12 Inc. down to a market cap of $501,265,038. In the last year, K12 Inc. has traded between $26.20 and $13.82, and its 50-day SMA is currently $18.52 and 200-day SMA is $21.56.

For a full analysis of K12 Inc., check out Equities.com's E.V.A. report.

K12 Inc is a technology-based education company. It offers proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.

K12 Inc., led by CEO Nathaniel A. Davis, has 4200 employees and is headquartered in Herndon, VA.

One of the most effective tools for tracking the market for small-cap stocks is the Russell 2000, the nation's leading small-cap index created by industry stalwart Russell Investments. Unlike the well-known Dow Jones Industrial Average (DJIA) and S&P 500, Russell's indices eschew committee selection in favor of a more objective, rules-based system for selecting index membership.

The broad-based Russell 3000, which is meant to cover the stock market as a whole, is simply the 3,000 companies with the largest market cap in the United States. The Russell 2000 is then just the bottom 2,000 companies of that index, offering a look at those small-cap companies with smaller market caps. It makes for an unbiased overview of the small-cap stocks that can help any investor get a better sense of what the market is doing and where it might be headed.

For more news on the financial markets, go to Equities.com. Also, learn more about our Small-Cap Stars. Register to become a member and leverage our proprietary research tools such as the Small-Cap Stars, and robust do-it-yourself Equities Valuation Analysis (E.V.A.) research reports.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.