Exemption Order – Canadian Derivatives Clearing Corporation (CDCC)

 
On November 25, 2016, the Ontario Securities Commission (Commission) issued an order pursuant to section 147 of the Securities Act (Ontario) (Order) exempting CDCC from complying with the requirement in section 3.1 Schedule “C” of CDCC’s recognition order (Recognition Order) which requires the board of directors of CDCC to provide a written report to the Commission at least annually, or as required by the Commission, describing how CDCC is meeting its public interest responsibility. CDCC has other requirements in its Recognition Order and under securities legislation that requires CDCC to operate in the public interest.

The Order is published in Chapter 2 of this Bulletin.