Waters Wrap: Questions raised by Cusip lawsuit

An investment bank and an asset manager have filed a class-action lawsuit against Cusip Global Services, S&P Global, the ABA and FactSet. Anthony explores some of the questions that such a suit raises.

Recently, we published a story that looked at the issue of data ownership: while it may be an obscure topic, it has important consequences for firms considering alternative data models, or firms looking to commercialize their in-house pricing or other resources.

Right now, the prevailing school of thought seems to be “live and let live.” Those who believe exchanges unjustly claim ownership of their data aren’t actively fighting it, but are looking for ways around it. The exchanges are being

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