Anthony A Fraind
Accountancy in New York, NY
License number
New Jersey 20CC02828200
Issued Date
Oct 16, 2000
Expiration Date
Dec 31, 2002
Category
Accountancy
Type
Certified Public Accountant
Address
Address
New York, NY
Professional information
Method For Creating And Marketing A Modifiable Debt Product
US Patent:
2009013, May 21, 2009
Filed:
Nov 15, 2005
Appl. No.:
11/274074
Inventors:
Stephen Jeffrey Wolf - Great Neck NY, US
Anthony Albert Fraind - New York NY, US
Anthony Albert Fraind - New York NY, US
International Classification:
G06Q 40/00
US Classification:
705 36 R, 705 37
Abstract:
This invention relates to a method for creating and marketing a modifiable debt product wherein a debtor who issues the debt note has the ability to modify the type of the note coupon multiple times throughout the life of the note while continuously providing fixed coupons to respective investors. The modifications to the note coupon are determined by prevailing market conditions and are executed as on-market transformations. The invention provides flexibility to the debtor who may wish to change the note in response to the fluctuations of the market without creating additional risk to investors.
Anthony Fraind
Location:
New York, New York
Industry:
Capital Markets