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:
Jan. 14, 2014
Filed:
Mar. 28, 2012
Paul Edward Kuhnle, Doylestown, PA (US);
George Tedesche Simon, Evanston, PA (US);
John Stuart Thomas, Bernardsville, 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, PA (US);
John Stuart Thomas, Bernardsville, 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, system and program product, the method comprising: accessing Transfer Fee data to be paid to a third party that is not the borrower or the lender or the buyer or seller in a repurchase agreement transaction of a security for a right to loan or repo one or more units of the security; accessing data on a loan or repo of units of the security, calculating an amount of a Transfer Fee for the right to loan or repo the security; generating data for debiting an account or sending a bill for the Transfer Fee; and updating the database with data on the Transfer Fee.