To the Editor:


As was reported in your article of April 5 (ISO Targets ANNA Over CUSIP Fees), IPUG welcomes the intervention by ISO to establish the extent of charging for the data-basing of ISINs by some national numbering agencies.

IPUG’s position on CUSIP and CSB-ISIN licensing is available on our Web site at, and this includes a brief history of our attempts to engage the various parties controlling the activities of the CUSIP Service Bureau, namely the American Bankers’ Association, the

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