Industry

NOTICE OF COMMISSION APPROVAL

CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS®)

MATERIAL AMENDMENTS TO CDS PARTICIPANT RULES RELATED TO
LINES OF CREDIT REQUIREMENTS FOR NON-CONTRIBUTING RECEIVERS OF
CREDIT MAKING CANADIAN DOLLAR SETTLEMENTS

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on December 21, 2018 a material amendment to a CDS Participant Rule related to lines of credit requirements for Non-Contributing Receivers of Credit making Canadian dollar settlements. A copy of the CDS notice was published for comment on August 30, 2018 on the Commission's website at: www.osc.gov.on.ca. No comments were received.