Industry







CDCC -- OMNIBUS AMENDMENTS TO RULE A AND D-6, THE OPERATIONS, RISK AND DEFAULT MANUALS OF THE CANADIAN DERIVATIVES CLEARING CORPORATION, INTRODUCING THE LIMITED CLEARING MEMBERS CATEGORY AND ESTABLISHING ADDITIONAL RECOVERY POWERS (RECOVERY PHASE 2).

NOTICE OF COMMISSION APPROVAL



In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and The Canadian Derivatives Clearing Corporation (CDCC), the Commission approved on March 20, 2018, amendments related to introducing Limited Clearing Members and establishing additional recovery powers.

A copy of the CDCC notice was published for comment on September 06, 2017 on the Commission's website at: http://www.osc.gov.on.ca. One comment was received by CDCC from a market participant in support of the initiative and further recommending to CDCC to pursue the expansion of its repo service offering.