Episode 278: Tim Baker on Cusip lawsuit, data copyrights, and innovation in market data

Waters Wavelength

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