A passive optical arrangement for indicating the presence of a change in ownership along a fiber optic cable span uses an attenuation unit at a splice location that will severely attenuate an optical signal propagating along the span at a predetermined "marker" wavelength. Particularly well-suited in combination with determining the physical location of a fault along a fiber optic cable, the arrangement allows a technician to use an OTDR at the marker wavelength to determine both the physical location of the fault as well as the physical location of a change in ownership (if any) between the technician and the fault location, since the presence of the attenuation unit will register as a large step-wise change in signal propagation.