CDS Rule Amendment Notice - Technical Amendments to ATON User Guide

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

THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED (CDS)

TECHNICAL AMENDMENTS TO ATON USER GUIDE

NOTICE OF EFFECTIVE DATE

A. DESCRIPTION OF THE RULE AMENDMENT

Background

CDS has implemented CDS Participant Rule amendments creating a new category of participants for the purpose of accessing the Account Transfer Online Notification ("ATON") service. In conjunction with the creation of this new participant category and the CDS corporate restructuring initiative, CDS has proposed amendments to its ATON User Guide.

The ATON User Guide marked for the amendments may be accessed at the CDS website at:

http://www.cds.ca/cdsclearinghome.nsf/Downloads/-EN-ager7p1erblp/$File/ager7p1erblp.pdf?OpenElement

Description of Proposed Amendments

The proposed amendments to the ATON User Guide involve the replacement of all references to 'Subscriber' with a reference to "Participant"; further, reference to the ATON Subscriber Agreement has been redacted and replaced with reference to the CDS Participant Rules.

B. REASONS FOR TECHNICAL CLASSIFICATION

The amendments proposed pursuant to this Notice are considered technical as they are required to ensure consistency and compliance with the existing CDS Participant Rule governing ATON.

C. EFFECTIVE DATE OF THE RULE

Pursuant to Appendix A ("Rule Protocol Regarding The Review And Approval Of CDS Rules By The OSC") of the Recognition and Designation Order, as varied and restated on July 12, 2005, CDS has determined that these amendments will be effective on November 1, 2006.

D. QUESTIONS

Questions regarding this notice may be directed to:

Jamie Anderson

Senior Legal Counsel

The Canadian Depository for Securities Limited

85 Richmond Street West

Toronto, Ontario M5H 2C9

Telephone: 416-365-3876

Fax: 416-365-1984

e-mail: [email protected]

TOOMAS MARLEY
Chief Legal Officer