This week, Expero’s managing director and financial services practice lead, Tim Baker, joins Reb on the podcast to discuss the ongoing Cusip case, the FCA’s wholesale market data study, and issues to do with copyrighting market data.

https://www.waterstechnology.com/regulation/7951301/the-cusip-lawsuit-a-love-story

5:00 – Tim joins the podcast and talks about his interest in the Cusip lawsuit

12:00 – They ponder why more plaintiffs haven’t joined the suit

15:00 – Tim discusses details on the alleged violation of sections 1 and 2 of the Sherman Antitrust Act

19:30 – The European Commission’s 2011 decision on concerns with S&P’s licensing of US Isins

26:30 – They discuss the FCA’s wholesale market data study

36:30 – Is there meaningful innovation in market and reference data?

39:00 – Figi’s place in the identifier space

45:00 – Tim says there’s a lot of complexity in the market that should be much simpler