Legal Question in Business Law in New York
Protecting a Tool
Dear Sirs, I have invented a financial tool which is used to generate Buy/Sell signals for the stock market. It's basically a formula that is used to plot a graph, and then this graph is used to generate the signals. I live in Egypt, but I would like to know if there is a way to protect or patent that formula in the U.S. (preferably NY) under my name, and if so, how much would that cost ?
Thank you !
Asked on 2/20/02, 2:30 am
1 Answer from Attorneys
John Friedman
Law Office of John K. Friedman
Re: Protecting a Tool
Regarding your query as to the intellectual property rights in your financial analysis tool: you can likely patent this tool if it is an advancement of the state of the art and is not foreclosed by a competing--and previously filed--patent application/award. This is an expensive process, however.
Answered on 2/20/02, 9:50 am
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