Notice of Commission Approval: Material Amendments to CDS Rules -- CALMS (Corporate Action Liability Management Service)
CDS CLEARING AND DEPOSITORY
SERVICES INC.
MATERIAL AMENDMENTS TO CDS RULES
CALMS (CORPORATE ACTION LIABILITY
MANAGEMENT SERVICE)
NOTICE OF COMMISSION APPROVAL
In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on October 2, 2009, amendments filed by CDS to its rules that introduce a new service for the submission and tracking of liability notifications, commonly known as "letters of liability", for corporate action events. The new service is called CALMS, for "Corporate Action Liability Management Service". A copy and description of these amendments were published for comment on July 10, 2009 at (2009) 31 OSCB 5652. No comments were received.