Waters Wrap: The DTCC, Cusip and questions of a monopoly
While the companies that oversee Cusips find themselves embroiled in a lawsuit, Anthony questions where the DTCC stands in this unfolding drama.
If you’re a regular reader of WatersTechnology, you likely know that there is a potentially market-changing case winding its way through the Southern District of New York courthouse against the companies involved with the oversight and distribution of Cusip identifiers. (If you don’t know and want a detailed explainer of what’s going on, click here.)
Quickly, though, at the heart of the case is the allegation that Cusip Global Services, S&P Global (the former owner of CGS), FactSet (its current
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