Defendants in Cusip suit make their case for dismissal

Cusip Global Services and its affiliates have filed a joint motion to dismiss the anti-trust class-action lawsuit.

Cusip Global Services (CGS), its operator FactSet, its former operator S&P Global, and its creator and patent-holder the American Bankers Association (ABA), have jointly filed a motion to dismiss the class-action lawsuit brought against them last year, which alleges anti-trust violations and challenges the copyright and licensing structure of the Cusip numbering system.

In the filing, the companies asked that the case be dismissed with prejudice, which, if granted, would spell out a permanent

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Cutting through the hype surrounding the FDTA rulemaking process

A bill requiring US regulators and institutions to adopt a machine-readable data framework for reporting purposes applies to entity identifiers, but not security identifiers, in a crucial difference, writes Scott Preiss, SVP and global head of Cusip Global Services.

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