APPLICATION FOR EXEMPTION
THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED
CDS CLEARING AND DEPOSITORY SERVICES INC.
NOTICE OF EXEMPTION ORDER
On July 20, 2018, the Ontario Securities Commission (Commission) issued an order pursuant to section 147 of the Securities Act (Ontario) (Order) exempting CDS Ltd. from complying with a fee review requirement in section 20.1 of Schedule “B” of the recognition order for CDS Ltd. and CDS Clearing (collectively, CDS) on the term and condition that the fee review requirement will be met by August 1, 2019.
CDS has continuous and ongoing requirements in its recognition order which ensure that proposed amendments to CDS' fee schedule receive approval by the Commission prior to implementation.
The Order is published in Chapter 2 of this Bulletin.