Monday, 22 September 2014
Last updated 10 min ago
Dec 9 2009 | 10:19am ET
The U.S. Commerce Department’s Patent and Trademark Office (USPTO) will accelerate the examination of certain “green” technology patent applications, Secretary Gary Locke announced on Monday.
As part of a pilot program to speed current processes, the USPTO will accord the first 3,000 greentech patent applications received special status and expedite their examination. The department says this could trim as much as a year off the time it usually takes to patent a technology.
Patent applications are usually considered on a first come, first served basis, and the process of approving a greentech patent takes, on average, 30 months in a first office and 40 months to a final decision.
If the pilot is successful, the USPTO says it will examine ways to continue and expand the initiative.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.