ALEXANDRIA, Va., June 9 -- United States Patent no. 12,288,256, issued on April 29, was assigned to SolidusLink AG (Schlieren, Switzerland).

"Systems, methods, and program products for operating an exchange-traded fund" was invented by Eliot Samuels (Schlieren, Switzerland), Andrew Ward Moedinger (Schlieren, Switzerland), Gareth Jose-Lee Pinto (Birmensdorf, Switzerland), Hans Martin Eliasson (Olten, Switzerland), Henry Gaston Williamson Jr. (St. Simons Island, Ga.) and Christina Corazon Smith-Lutz (Olten, Switzerland).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present invention generally relates to systems, methods and program products for use with Exchange-Traded Funds ("ETF") holding one or more sec...