Patents by Inventor Jerry Devito

Jerry Devito has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Hybrid Financial Product
    Publication number: 20110112989
    Abstract: Disclosed is a hybrid financial security. The security is structured as a collateralized debt obligation which contains senior notes and income notes. Proceeds from the sale of the notes are utilized to purchase the underlying collateral, which is below investment grade debt obligations. The hybrid financial security has improved liquidity, lower volatility, and a shorter maturity term than a traditional collateralized debt obligation.
    Type: Application
    Filed: June 7, 2010
    Publication date: May 12, 2011
    Inventor: Jerry Devito
  • Hybrid financial product
    Publication number: 20070100725
    Abstract: Disclosed is a hybrid financial security. The security is structured as a collateralized debt obligation which contains senior notes and income notes. Proceeds from the sale of the notes are utilized to purchase the underlying collateral, which is below investment grade debt obligations. The hybrid financial security has improved liquidity, lower volatility, and a shorter maturity term than a traditional collateralized debt obligation.
    Type: Application
    Filed: November 30, 2005
    Publication date: May 3, 2007
    Inventor: Jerry Devito