Cost Fears Surround Certification Plans

WASHINGTON, DC - The majority of market participants say industry certification is a good idea, but cost concerns represent the key obstacles and could make or break the project, Inside Reference Data has learned.

Industry association the FISD has completed an industry-wide survey on certification, and the results were released at the FISD General Meeting in New York in June. It revealed that 74.71% of the 441 respondents agreed a certification program would benefit the industry, while only 7.73%

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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