Should I get a CUSIP? What are the benefits?

Consider getting a CUSIP number if you have many investors depositing securities into brokerage accounts.

A CUSIP number is a particularly useful aid in assisting investors, investment companies and regulators identify and track securities of public companies electronically. Together with the ISIN number, it identifies both, U.S and Canadian stocks.

If you have a large number of investors depositing securities into brokerage accounts, a CUSIP may help brokers hold those securities electronically and streamline their closing. If you are a public company and would like to apply for a CUSIP you can do so here.