Diversified fixed income product and method for creating and marketing same

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7634435
APP PUB NO 20040230507A1
SERIAL NO

10638019

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method of creating, registering and marketing to the public fixed income beneficial interests entitling the owners to fractional ownership of a pool of assets that pay income. The method involves selecting and acquiring from the secondary market the pool of assets, forming a trust to hold the pool of assets, creating beneficial interests in the trust, smoothing the flow of income from the assets, registering the beneficial interests for sale to the public pursuant the Securities Act of 1983, and marketing the interests. The assets can be selected to provide substantially constant payments and to return substantially par value at maturity. An automated system useful in implementing the method is described.

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Patent Owner(s)

Patent OwnerAddress
EDWARD D JONES & CO L P12555 MANCHESTER ROAD ST LOUIS MO 63131
JP MORGAN SECURITIES INC270 PARK AVENUE NEW YORK NY 10017

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Davidovitch, Jeffrey Brooklyn , US 1 15
Parson, Chad S Mount Vernon , US 1 15
Sprouse, Kevin E St. Louis , US 1 15

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