Kenneth M Karas Financial Disclosure Report for 2010

8/3/2019 Kenneth M Karas Financial Disclosure Report for 2010

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. 4 0 1 0R e v . 1 / 2 0 1 1FINANCIAL DISCLOSURE RE PORTFOR CALENDAR YEAR 201 0

Report Required by the E thicsin Government Act of 1978(5 U.S.C. app. IOlolll)

I. P e r s o n R e p o r t i n g ( las t nam e, f i rs t , m idd le in i t ia l )Karas , Kenneth M.

4. Ti t le (Ar t ic le I I I judges ind icate a c t ive or senior s ta tus:magistrate judges indicale f u l l . or part-time)Dist r ic t Judge -- Act ive

7. Cbamber l or Office Add ress300 Quanopas St reet . Room 533White Pla ins , NY 10601

2. Court or OrganizationUS District Court - - SONY

Report Type (check appropriate type)] N o m i n a t i o n , D a t e[] Initial [] Annual [] Final

3. Date of Report05/13/2011

6. Repor t ing Per iod01101/2010

to12/31/2010

5b. [] Amended Repot18. Oa the basis o f the Information contained lu this Repot/and any

modifications pertaining thereto, it is, in my opinion, in compliancewith applicable laws and regulations.

Reviewing Off icer Date

I M P O R T . 4 N T N O T E S : t h e instructions accompanying thi~ form m ust b e f o l l o w e a [ Complete all partX,checking the NO NE box for each part where yoa have no reportable information. Sign on last pag~

I . P O S I T I O N S . ( R ~ m , ,: l , a h u , ,, ,t o , ~ t y : , ,o , ~ 9 - t J o f # i n : ~ n s . a r t l o n ~ )~ (No reportable positions.)O N E

POSITION1. Trustee2. Mem ber , Board of Di r cc tor~3. Member, BoardofAdv i sors

NAM E OF ORQ ANIZATION/ENTITYTrustee # INat ional Assoc ia t ion o f U rbnn Debate LeaguesThe Cente r on Law ~d Sec ur i ty

I 1 . A G R E E M E N T S . t~,o,~.~ i , ~ . o ) o . t ~ ; , e , ~ , , . t C - t ~ of fill~g lnxffuCtlons.)[~] N O N E (No reportable agreements.)

D A T E PARTIES AND TERM S


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1 .F I N A N C IA L D I SC LO S U R E R EP O R TPage 2 of 7

~ s m e o ~ P e s o s R e p o r ~ l n |Karas, Kenneth M.

D a g e o f R e p o r tOMI3/~OI I

1 I I . N O N - IN V E S T M E N T I N C O M E . tS,7oranz ~ . d ~ . ~ , , a . . , ~ s p o o , e ~ . e . p ~ tr.uA. Fliers Non-Investment Income

~ (No reportable non-investmenl income.)ONEDATE SOURCE AND TYPE

2.3.4.

INCOME( y o u r s , n o t s p o u s e s )

B . S p o u s e s N o n - ! n v e s t m e n t i n c o m e - If you ~ere marrieff during any portlon of the reportl~g )~r, complete this section.(Dollar amount not required except for hono raria.)~- ~ (No reportable no n-investment income.)ONE

1.20102.3.4.

DATE SOURCE AND TYPE~, ] S a l a r y

I V . REI M BURSEM ENTS -(Includes those to spouse and dependent children; see pp, 2J-2 7 of fil ing instructions.)

~ (No reportable reimbursements.)ONE

2.3.4.5.

SO U R C E D A T ES LO C A T IO N PURPOSE ITEM S PAID OR pROVIDED


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FINANCIAL DISCLOSURE REPORTPage 3 of 7

N s m e o f Per~o,~ ReportingKarJs , Kenne th M.

Dale of R e p o r l05/13/2011

[-~ N O N E (No reportable g~s.)SO U RC E DESC RIPT IO N

I.2.3.4.5.

VALUE

VI. LIABILITIES. a.a,,,~,[~] N O N E ( N o repor table liabili t i~.)

CREDITOR DESCRIPTIONI.2.3.4.5.

V ALUE C ODE


4/7


N a m e o f P e r s o n R e p o r t i n gKurus, Kenneth M .

Date of Repor~0 5 1 1 3 / 2 0 1 1

N O N E (No reportable incom e, assets, or transactions.)A. B. C. D.

I~s~r ip t ion o f As~ ts Income dur ing G r o s ~ v a l u e a ! e n d T r a n s a c t io n s d u r i n g r ~ p o r t i n g p e r i o d( inc lud ing t rus t ~sc ls ) r~ort ing Ixr iod o f I x p o r t i n g p e r i o d

(I) (2} (I ) ( 2 ) (I ) (2) (3) (4) ( 5 )P l a c e " ( X ) " a l t e r e ~ c h a s s e t A m o u n t T y p e ( e . g . , Value V a l u e T)p (e.g., D a t ~ V a l u e Gain I d e n t i t y o f

exempt from prior disclosure Code I d i v . , r e n t , Code 2 M e t h o d buy, ~el l , m m ! d d ! y y Cod e 2 Code I( A - H } o r i n t . ) { J - P ) C~le 3 ~dempt ion) { J - P ) ( A - H } ( i f p r i v a t e(Q ~O t r~nsu:t ion)

I. JFCU2. Cit ibank Savings Accou n t

3. Cit ibank Check ing Accou n t1 4 . HR-10 Fidelity Diversif ied Intl Fund5. HR-10 F id e l i ty Divers i fied ln t l Fund K6. HR-IO Royce T ota l Re turn Investment Fund7. HR- I 00akmark Equi ty & IncomeInvestment Fund8. HR-I 0 AF Growth Fund Am er ican R49. HR-10 AF Growth Fund Am er ican R5I0 . HR-10 JHancockClass Val III . 401K F ide l i ty Divers i f ied Int l Fu nd1 2 . 401K Fide l i ty Divers if ied Im l Fu nd K1 3 . 401K Royce To ta l Re turn Investm ent Fund1 4 . 401K Oakm ark Equi ty & IncomeInvestment Fund1 5 . 401K AF Growth Fund Am er ican R4

1 6 . 401K AF Growth Fund Am er ican R51 7 . 401K JHaneock Class Va l I

A Interest JA Interest M

None MNoneNone L

N o n e L

None L

None

None LNone K

None

N o n e L

N o n e KNone LN o n e

None L

N o n e K

TT

TR e de e m e d

T Bu yTT

R e de e m e dT B uy(add l )T

R e de e m e dT Bu y

T

T

R e de e m e d

T Bu yT

03/2411003/24/10

09/01/1009/01/10

03/24/1003/24/10

09/01/10

09/01/10

LL

LL

L

L

L

L

I . I n c on ~ Ga i n C odes : A -$ 1 . 0~ 0 o f l e s s B =$ 1 ,001 - $2,500 C =$2 . 501 - $~ , 000 D -$ $ ,001 - $ I 5 .000( S ~ C o h m m s E l i a n d D 4 ) F -$50.001 * $10~1[~ G -$100,001 * $1.000.000 Ill -$1,000.001 - $5.000.000 H2 = Mo~ Usm $ ~ , . 00 0 .0 0 0

2 . V a h , ~ Co d ~$ J "$15,000 o~ I~s K "$ |5 .001 - $50.0(X} L -$ 5 0 .0 0 1 - $ 10 0 .0 0 0 M -$1 00 . O01 - 5250 . 000( S c ~ C o l u m n s C I and D 3) H =$2 50 ,001 - $500 ,0 00 O "r$SO0.O0l " $1.0OO,000 PI =$1.0(JO,001 - $3,000.000 P2 =$5,000.001 - SZ~. ,000.000

] . Va l ue M~ Ul od C od c $ Q -Appr a~ l M R = Co s t (R l l Es l a l~ O~ ly | S =Assessmc o! T - C L s h M a r k ~( S ~ C o h m a n C 2 ) U -Book V ~ d u V ~ W = E ~ m s L - d

E = $ I J ; . O 0 1 - $ ~ 0 . 0 0 0


5/7


D a t e o f R e p o r ~0 5 1 1 3 1 2 0 1 1

NONE (No reportable income, assets, or lransactions.)A. B. C. D.

l~scfiption o f A ~ t ~ I n c o m e d u r i n g G r o s s v a l u e a t e n d Transactions during ~fling ~6~( i ~ l u d m g I~Sl ~ ) ~ing ~ of ~g ~

(i) (2) (1) (2) O) (2) O) (4) (~ )PI~ "~)" a~ ~h a~t A~nt T~ (g.. Va~e V a l u e T~ (~, Da~ Ve~ G a i n ] d ~ t J l y o fex~ f ~m pr ior d i~ l~u~ C o d e I div., ~ ~2 M e t h od buy, ~]l , m~d~ Co~ 2 C~ I b~/~li~

( A - H ) o r i n t . ) O - P ) C~3 Rd~pti~} ( ~ - P ) {A-~ ( i f p ~ v a l

1 8 .

1 9 .

~3 .

E T r a d e Sweep A c c o u n t A I n t e r e s tNY 529 Vanguard Agressive Fund (no Nonec o n t r o l )NY 529 Vanguaxd Aggressive Fund (no Nonecon~ol)Citibank IRA A I n t e r e s tCit ibank IR A A I n t e r e s tM e t a l | L y n c h ( B a n k o f A m e r i c a ( V a r i o u s B I n t e r e s tA c c o u n t s )

JJ

J

JJ

N

T

T

T

T

T

T

I, Income Gain C~les: A =$1 .00 ~ ~ Jess B =$ 1 ,00 l - $2,300 C =$2,501 E =$ ! ~,0~ ! . $ 50,000


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F I N A N C IA L D I S C L O S U R E R E P O R TPage 6 of 7

N s m e o f P e r so n R r p o r ~ ln |Karas , Kenne th M.

D a t e o f R e p o r t05/13/201 ]

V I I I . A D D I T I O N A L I N F O R M A T I O N O R E X P L A N A T I O N S . a ~ ,, ,, ~ ,~ ,~o i , ,m t jThe T rus t d is cussed in Par t I i s a non- funded insurance t rus t fo r a ] m em ber who is a t rues tee o f a s im i lar t rus t in my nam e, How ever , ne i ther t rus t confersany cu r r en t bene f i t s o r income a n d o n l y i s t r ig g e r e d up o n o r ~ ; ~membcrs d e m i s e .


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F I N A N C IA L D I S C LO S U R E R EP O R TPage 7 of 7

N a m e o f P e r s on R e p or Un gK a r a s , K e n n e t h M .

Dale of Report05/13/2011

IX. CERTIFICATION.I cer t i fy tha t a l l in fo rmat ion g iven above ( inc lud ing In fo rm at ion per ta in ing to m y spouse and m inor o r dependen t ch i ldren , i f any) i saccu ra te , t rue , and com ple te to the bes t of m y know ledge and be l i e f , and tha t any Inform a t ion not reported was wi thhe ld bec ause i t me t appl i cab le s ta tu toryprov i s ions pe rmi t t i ng non-d i sc losure .I fur ther cer ti fy tha t earned incom e from ou ts ide em p loym ent and honorar ia and the accep tance o f g i f ts wh ich have been repor ted are Incom pl i ance w i th the prov i s ions ofS U.S.C. app. 501 eL seq ., 5 U.S.C. 7353 , and Jud i c i a l Confe rence regu la t i ons .

S i g n a l

N O T E : A N Y I N D I V I D U A L W H O K N O W I N G L Y A N D W I L F U L L Y F A L S I F I ES O R F A L L S T O F I L E T i ll s R E P O R T M A Y B E S U B J EC T T O C I V I LAND CRIMINAL SANCTIONS (S U.S .C . app . 104)

Com m i t tee on F in an c i a l D i sc lo su r eAd m inis tra tive Off i ce o f the U ni ted Sta tes Cou r t sSuite 2-301O ne C o l um bus C i r c l e , N .E .Washington, D.C. 20544

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Kenneth M Karas Financial Disclosure Report for 2010