Like it or Not, Patents Battles Are Here to Stay
OPEN PLATFORM
A partner in the Chicago office of the national law firm Foley & Lardner examines the future of patents in the financial technology industry.
These are strange times in the financial services community. A judge dismisses a lawsuit claiming Select Sector Spyders, iShares and streetTRACKS infringe a patent, ruling the patent invalid based on an earlier SEC filing. A different judge reopens a case days before trial so that the New York Mercantile Exchange (Nymex) can explore whether a document
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