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Wrong Steven Karvellas?

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

Chicago Mercantile Exchange

Member


Comex

Board of Governors


The New York Mercantile Exchange , Inc.

Floor Exchange Board Member


Commodity Exchange , Inc.

Vice Chairman


CBC

Founder


Education

finance

University of Pennsylvania


Web References(44 Total References)


http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20080409/REG/820248770

>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.


http://nymex.mediaroom.com/index.php?s=43&item=888

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.


http://www.nymexeurope.com/notice_to_member.aspx?id=ntm82&archive=2002

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.


http://www.teamusasportscamp.com/about_us.htm

Owner: Steven Karvellas


Nymex - Company profile & brands

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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