Industry


NOTICE OF COMMISSION APPROVAL

CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS®)

MATERIAL AMENDMENTS TO CDS RULES RELATED TO THE REMOVAL OF THE CCP CAP FOR CNS USERS

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on November 06, 2018 Material Amendments to CDS Rules Related to the Removal of the Central Counterparty (CCP) Cap for CDS participants who use the Continuous Net Settlement System (CNS).

A copy of the CDS notice was published for comment on August 30, 2018 on the Commission's website at: http://www.osc.gov.on.ca. No comments were received.