Notice of Commission Order – Application for Exemptive Relief – Canadian Derivatives Clearing Corporation (CDCC)

On February 15, 2011, the Commission granted Canadian Derivatives Clearing Corporation (CDCC) a temporary exemption from the requirement in subsection 21.2(0.1) of the Securities Act (Ontario) (Act) to be recognized as a clearing agency as of March 1. 2011. CDCC is exempted from the requirement until the earlier of (i) the date the Commission renders a subsequent order recognizing CDCC as a clearing agency under subsection 21.2(0.1) of the Act or exempting it from the requirement to be recognized as a clearing agency under section 147 of the Act, and (ii) March 1, 2012. The exemption order is subject to certain terms and conditions.

A copy of the temporary exemption order is published in Chapter 2 of this Bulletin.