OSC Staff Notice of Request for Comment - Material Amendments to CDS Procedures Related to the Continuous Net Settlement Default Fund

Canadian Depository for Securities Limited (CDS) rule review

OSC STAFF NOTICE OF REQUEST FOR COMMENT

CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS®)

MATERIAL AMENDMENTS TO CDS PROCEDURES RELATED TO THE
CONTINUOUS NET SETTLEMENT DEFAULT FUND

The Ontario Securities Commission is publishing for 30 day public comment material amendments to the CDS Procedures relating to CDS’s CNS Default Fund. The purpose of the proposed procedure amendments is to introduce a new methodology to calculate the size of the Default Fund.

The comment period ends on June 30, 2017.

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