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Company Statement: CUSIP Global Services reaches agreement with the European Commission

( November 15, 2011, 15:53 GMT | Official Statement) -- MLex Summary: Cusip Global Services (CGS) has welcomed the settlement reached today with the European Commission in an investigation of securities codes. It will offer a new data feed, called the US ISIN Basic Service, to satisfy cthe commission's concerns. Within the next five months, "CGS will offer the new feed on a cost-recovery basis for participants taking it directly from CGS," it said. "If a market data vendor chooses to integrate the new feed on behalf of its EEA customers, the end customers of that vendor could use the ISIN data from the feed, with some reasonable restrictions, without incurring any additional fees from CGS."CUSIP Global Services Reaches Agreement with the European Commission...

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