Notice of Commission Approval - Material Amendments to CDS Procedures Relating to CCP Collateral Requirements for Withdrawing Participants

Market Regulation Document Type
Canadian Depository for Securities Limited (CDS) rule review

THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED

MATERIAL AMENDMENTS TO CDS PARTICIPANT PROCEDURES

CCP COLLATERAL REQUIREMENTS FOR WITHDRAWING PARTICIPANTS

NOTICE OF COMMISSION APPROVAL

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and The Canadian Depository for Securities Limited (CDS), the Commission approved on August 8, 2006 the proposed rule amendments filed by CDS relating to the collateral requirements for participants seeking to withdraw from a central counterparty service. The proposed rule amendments and accompanying notice were published for comment on June 9, 2006 at (2006) 29 OSCB 4892. No comment letters were received.