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Newburgh Free Academy Class of 1949 Memorial

Steve is a fund manager at Stonehenge Asset Management, an alternative investment manager in Delray Beach, Fla.

Steven Michael's financial and trading career began in 1985 when he began trading in the fixed income markets and specializing in the yield curve analysis. Mr. Michael is the founder and Manager of Stonehenge Asset Management LLC.

Commodity Exchange Act (ch. 545, 49 Stat. 1491, enacted June 15, 1936) is a federal act passed in 1936 by the U.S. Government (replacing the Grain Futures Act of 1922). The Act provides federal regulation of all commodities and futures trading activities and requires all futures and Commodity Tips options to be traded on organized exchanges. The Commodity Futures Trading Commission (CFTC) was created in 1974 as a result of the Commodity Exchange Act, which in 1982 created the National Futures Association (NFA). http://liveshareindia.blogspot.com/2011/06/commodity-exchange-act.html

Steven Michael's extensive trading experience started at the Chicago Board of Trade ("CBOT") in the financial markets. He was a bond trader for eight years.

Steven Michael's financial and trading career began in 1985 when he began trading in the fixed income markets and specializing in the yield curve analysis.