When you invest in stocks or bonds, or mutual funds, you’ll come across a unique identifier called a CUSIP number. Many new investors are often confused about this nine-character code. Some would even think it’s unnecessary. The truth is, the CUSIP number plays a vital role in verifying securities. It helps prevent errors and ensures...Read More

The word “CUSIP number” may come up when you buy stocks, bonds, or other securities. The U.S. banking system uses this special number to keep track of securities. The Committee on Uniform Securities Identification Procedures is the acronym for CUSIP. It is a nine-character alphanumeric code that points to a certain financial security. It’s the...Read More