Notice of Commission Approval -- Material Amendments to CDS Rules - Dormant Participants

CDS CLEARING AND DEPOSITORY SERVICES INC.

MATERIAL AMENDMENTS TO CDS RULES

DORMANT PARTICIPANTS RULE AMENDMENTS

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 28, 2008, amendments filed by CDS to its rules governing dormant participants to clarify how participants become dormant, the dormancy fees payable, and the fees to be paid upon reactivation. A copy and description of these amendments were published for comment on June 27, 2008 at (2008) 31 OSCB 6698. No comments were received.