Obtaining CUSIP/ISIN Identifiers
You will need to have one or more unique identifiers assigned whenever you issue new securities through a private placement. PrivatePlacements.net can perform this service for you.
CUSIP stands for “Committee on Uniform Securities Identification Procedures”. CUSIP refers to a 9-digit alphanumeric code that is assigned to all security issues approved for trading in the United States and Canada. Securities issuers license CUSIP numbers from Standard & Poor’s. They are permanent and are printed on the face of a security certificate. A CUSIP number is made up of a 6-digit issuer identifier, a two digit security type, and a check-digit.
ISIN stands for International Securities Identification Number and is issued outside of the US and Canada. It is 12 characters wide, and performs the same function as that of a CUSIP.
These unique identifiers help market participants avoid confusion and ensure that securities transactions are correctly matched and settled. Additionally, a CUSIP or ISIN is needed to ensure that dividends, interest, and other payments are properly applied.
Contact PrivatePlacements.net and allow us to file your requests for CUSIP and ISIN numbers.