Industry

NOTICE OF COMMISSION APPROVAL
AMENDMENTS TO SECTIONS A-102, A-220 AND A-701 OF THE RULES OF THE CANADIAN DERIVATIVES CLEARING CORPORATION IN ORDER TO ESTABLISH A HIGHER STANDARD OF LEGAL CERTAINTY WITH RESPECT TO BANKRUPTCY REMOTENESS

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and The Canadian Derivatives Clearing Corporation (CDCC), the Commission approved on March 10, 2017, amendments related to establishing a higher standard of legal certainty with respect to bankruptcy remoteness.

A copy of the CDCC notice was published for comment on December 8, 2016 on the Commission's website at: http://www.osc.gov.on.ca. No comments were received.