Company Filing History:
Years Active: 2009-2011
Title: Kevin G. Woodruff: Innovator in Fixed Income Securities
Introduction
Kevin G. Woodruff is a notable inventor based in New York, NY, who has made significant contributions to the field of finance through his innovative patents. With a total of four patents to his name, Woodruff has focused on enhancing the functionality and marketability of fixed income securities.
Latest Patents
Among his latest patents is a system and method for remarketable fixed income securities. This invention outlines a straight debt security that includes a maturity component, a reset component, and a remarketing component. The maturity component provides a defined maturity term for the security, while the reset component specifies the terms for adjusting the yield. The remarketing component allows the security to be offered to new investors after its initial issuance, ensuring that it remains outstanding and that potential tax benefits are managed effectively.
Another significant patent is for enhanced remarketable securities. This unit combines a forward contract with a remarketable security, which secures the performance of obligations under the forward contract. The forward contract requires the holder to purchase a specified quantity of stock at a predetermined price by a certain date. The remarketable security is designed to be offered to new holders at a different denomination and coupon frequency than its initial issue, providing flexibility and potential advantages for investors.
Career Highlights
Kevin G. Woodruff is currently employed at Morgan Stanley, where he applies his expertise in financial instruments and securities. His work focuses on developing innovative solutions that enhance the investment landscape for clients and investors alike.
Collaborations
Throughout his career, Woodruff has collaborated with talented professionals, including Serkan Savasoglu and Nathan McMurtray. These collaborations have contributed to the development of cutting-edge financial products and strategies.
Conclusion
Kevin G. Woodruff stands out as an influential inventor in the realm of fixed income securities, with a strong portfolio of patents that reflect his innovative spirit and commitment to advancing financial solutions. His contributions continue to shape the industry and provide valuable options for investors.