OSC Staff Notice of Request for Comment – Material Amendments to CDS Rules Related to the Elective System – Operating Cap for Extenders of Credit – CDS Clearing and Depository Services Inc.

The Ontario Securities Commission is publishing for 30 day public comment material amendments to the CDS Rules relating to participants’ System-Operating Cap.

The purpose of the proposed rule amendments is to allow an Extender of Credit to elect its own System Operating Cap amount.

The comment period ends on December 22, 2017.

A copy of the CDS Notice is published on our website at https://www.osc.ca.