ALEXANDRIA, Va., June 4 -- United States Patent no. 12,321,990, issued on June 3, was assigned to METAURUS LLC (New York).

"Component-dependent variable combination of separately traded registered discount income and equity securities and systems and methods for trading thereof" was invented by Richard P. Sandulli (Kamuela, Hawaii).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for creating component-dependent variable combinations of different financial interests in a portfolio of stocks, a stock index or other financial assets based on component factors, such as a series of interim cash flows of the asset. Specifically, the present invention relates to systems and methods for creating se...