In this case DJI specifically licensed the VIX data to Credit Suisse for the purpose of offering and listing a security - XIV. You’re right that there were (and

In this case DJI specifically licensed the VIX data to Credit Suisse for the purpose of offering and listing a security - XIV. You’re right that there were (and are) other securities that track VIX or use VIX as a component calculation but what’s interesting here is the SEC’s focus on XIV specifically. It seems the language of the data license agreement (quoted and summarized in paragraph 19 of the SEC’s Order[1]) played a role in the SEC’s decision to go after S&P Dow Jones for the bad data. [1]https://www.sec.gov/litigation/admin/2021/33-10943.pdf https://www.sec.gov/litigation/admin/2021/33-10943.pdf