CDS Notice of Commission Approval - Material Amendments to CDS Rules Relating to Eligibility Criteria for CAD RCP

THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED

MATERIAL AMENDMENTS TO CDS RULES

ELIGIBILITY CRITERIA FOR CAD RCP

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved on December 20, 2005, the amendments filed by The Canadian Depository for Securities Limited (CDS) relating to eligibility criteria for CAD RCP. The amendments describe: (1) the eligibility requirements for Receivers of Credit which want to become a member of the Canadian Dollar (CAD) Category Credit Ring (as this terms is defined in the CDS Participant Rules); and (2) require a Member of the CAD Category Credit Ring for RCP Receivers to not increase its Systems-Operating Cap and increase the amount of its Collateral Pool Contribution by a special margin collateral Contribution where an early warning event designated by the Investment Dealers Association (IDA) has occurred. A copy and description of these amendments was published on October 21, 2005 at (2005) 28 OSCB 8794. No comments were received.