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The CUSIP – A Tax On Financial Market Innovation And Transformation, By Tim Baker, CFA

The merger of IHS and S&P Global will create (another) powerhouse in financial services data. But perhaps one of the most interesting aspects of the deal is that the European Commission (EC) required that S&P divest CUSIP Global Service (CGS) – which since 1968 has managed the assignment of the CUSIP security identifiers on behalf of the American Bankers Association (ABA).
United States Isins Cusips Phil Snow Waters Technology National Securities Identification Number Securities Industry Committee

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Tesla's volatility follows it to S&P 500

There was a sense among Wall Street types a year ago that Tesla's entrance into the S&P 500 Index would calm the stock. Sure, it would still have sporadic moments of Elon Musk-driven swings -- up 5% Tuesday, down 5% Wednesday -- but overall, it would behave more like a proper, staid member of the blue-blooded community it was joining.
Nicholas Colas Berkshire Hathaways Matt Weller Bailey Lipschultz David Trainer Matt Turner

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