Invention Grant
- Patent Title: System and method for managing information related to securities and securities issuers
- Patent Title (中): 管理证券和证券发行人相关信息的制度和方法
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Application No.: US11669642Application Date: 2007-01-31
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Publication No.: US08165937B1Publication Date: 2012-04-24
- Inventor: Sharda Hebbar , Paula Stuart
- Applicant: Sharda Hebbar , Paula Stuart
- Applicant Address: US FL Orlando
- Assignee: Digital Assurance Certification L.L.C.
- Current Assignee: Digital Assurance Certification L.L.C.
- Current Assignee Address: US FL Orlando
- Agency: Pillsbury Winthrop Shaw Pittman LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00
Abstract:
A system and method that enables a financial institution managing a money market fund to meet the requirements of SEC Rule 2a-7. The system and method may enable an issuer of an instrument or security to provide information to investors that are regulated by SEC Rule 2a-7, in such a manner that the instrument or security of the issuer may be purchased and held by money market funds. This includes enabling the money market fund to verify that one or more securities issued by one or more issuers meet the three of the basic requirements of the Rule, namely (1) portfolio maturity, (2) portfolio quality, and (3) portfolio diversification.
Information query
