The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 09, 2012
Filed:
Oct. 01, 2010
Paul Edward Kuhnle, Doylestown, PA (US);
George Tedesche Simon, Evanston, IL (US);
John Stuart Thomas, Morristown, NJ (US);
Mark Steven Criscitello, Colts Neck, NJ (US);
Daniel Joseph Mccabe, Upper Saddle River, NJ (US);
Paul Edward Kuhnle, Doylestown, PA (US);
George Tedesche Simon, Evanston, IL (US);
John Stuart Thomas, Morristown, NJ (US);
Mark Steven Criscitello, Colts Neck, NJ (US);
Daniel Joseph McCabe, Upper Saddle River, NJ (US);
D12 Ventures, LLC, Bedminster, NJ (US);
Abstract
A method for managing redemptions, the method comprising: receiving, a request to redeem shares of a fund for a given market participant (MP), comprising a number of shares to redeem or a value-specifying parameter; communicating before a strike time an identification of a set of assets to distribute including a number of each one of the assets, to a MP representative, which MP representative is restricted from liquidating and disclosing the set of assets; calculating, a true-up amount, based on a monetary value at the strike time of the set of assets and either the monetary value as of the strike time of the number of shares requested to be redeemed, or the monetary value as of the strike time comprising a number of shares approximated by the value-specifying parameter, causing a transfer of all or a portion of the set of assets to the MP representative.