Notice of Commission Approval - Material Amendments to CDS Procedures Relating to Dormant Participant Procedures

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

CDS CLEARING AND DEPOSITORY SERVICES INC.
(CDS®)

MATERIAL AMENDMENTS TO CDS PROCEDURES

DORMANT PARTICIPANT PROCEDURES

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 January 22, 2008 amendments filed by CDS to its procedures relating to dormant participant procedures. The objective of these rule amendments is to explicitly reflect the process by which the status of a CDS participant can be changed from active to dormant, and from dormant to active. A copy and description of these amendments were published for comment on November 16, 2007 at (2007) 30 OSCB 9614. No comment letters were received. A nonmaterial change has been made to the proposed rule amendments that were originally published, and a black-lined version highlighting the change is being published in Chapter 13 of this Bulletin.