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Wrong Steven Karvellas?

Mr. Steven J. Karvellas

Owner

Steven J. Karvellas & Co.

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Steven J. Karvellas & Co.

Background Information

Employment History

Chairman

Adjudication Committee of NYMEX

Affiliations

Member
Chicago Mercantile Exchange

Board of Governors
Comex

Floor Exchange Board Member
The New York Mercantile Exchange , Inc.

Vice Chairman
Commodity Exchange , Inc.

Founder
CBC

Education

finance

University of Pennsylvania

Web References (44 Total References)


>Steven J. Karvellas, the owner of ...

www.investmentnews.com [cached]

>Steven J. Karvellas, the owner of Steven J. Karvellas & Co.Inc., a New York natural-gas-trading company and the chairman of both the compliance review and adjudication committees for the exchange, admitted that he delayed his client's orders so he could place his own trades ahead of theirs.

The fraudulent trading occurred between September 2002 and May 2003, according to the New York County District Attorney's Office.
As a result, customer orders were executed at a less favorable time or not at all.
After pleading guilty to two felony counts related to illegal natural-gas trading, Mr. Karvellas, who is also the owner of Commercial Brokerage Corp.LLC of New York, an introducing broker, was sentenced to five months in jail, to be followed by five months of probation.Also, he was forced to disgorge $850,000 in profits and fines, and to forfeit his license to trade commodities.
In addition to Mr. Karvellas, three other individuals also pleaded guilty to charges of trading ahead of customer orders.


They are: Richard Schaeffer, Kevin ...

nymex.mediaroom.com [cached]

They are: Richard Schaeffer, Kevin McDonnell, George Gero, Steven Forman, Steven Karvellas, Melvyn Falis, Joseph Cicchetti, and Eric Bolling.

...
Mr. Karvellas, who was elected to his third term in the floor broker category, has been on the Exchange board since 1996, and previously served on the board of governors and executive committee of the Commodity Exchange, Inc. (COMEX), prior to the NYMEX/COMEX.The owner of Steven J. Karvellas & Co., he serves as chairman of the natural gas advisory, floor broker advisory, and adjudication committees and has been on the Exchange executive committee since 1998.Mr. Karvellas began his career on the trading floor in 1981 as a clerk, after majoring in finance at the University of Pennsylvania.He became a COMEX member in 1984, and a NYMEX member in 1990.


They are: Richard Schaeffer, Kevin ...

www.nymexeurope.com [cached]

They are: Richard Schaeffer, Kevin McDonnell, George Gero, Steven Forman, Steven Karvellas, Melvyn Falis, Joseph Cicchetti, and Eric Bolling.

...
Mr. Karvellas, who was elected to his third term in the floor broker category, has been on the Exchange board since 1996, and previously served on the board of governors and executive committee of the Commodity Exchange, Inc. (COMEX), prior to the NYMEX/COMEX. The owner of Steven J. Karvellas & Co., he serves as chairman of the natural gas advisory, floor broker advisory, and adjudication committees and has been on the Exchange executive committee since 1998. Mr. Karvellas began his career on the trading floor in 1981 as a clerk, after majoring in finance at the University of Pennsylvania. He became a COMEX member in 1984, and a NYMEX member in 1990.


Owner: Steven Karvellas ...

www.teamusasportscamp.com [cached]

Owner: Steven Karvellas


Nymex - Company profile & brands

www.transnationale.org [cached]

Steven Karvellas, a former New York Mercantile Exchange board member, pleaded guilty to defrauding customers and tampering with evidence in exchange for serving 5 months in prison and paying $850,000 in fines and penalties.

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