Steven B. Pokotilow and Ian G. DiBernardo, partners at Stroock & Stroock & Lavan, write that although proprietary rights in financial indexes and certain uses of indexes do exist, the Second Circuit's ruling in Dow Jones and other recent decisions make clear that the creator of an index will not be able to prevent all uses--an important lesson for a company contemplating the significant expenditure of resources needed to create and market indexes and products based on them.
September 29, 2006 at 12:00 AM
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