Notice of Commission Approval – Proposed Amendments to the Rules of CDCC with Respect to the Adjustments in Contract Terms – Canadian Derivatives Clearing Corporation (CDCC)

 
In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and the Canadian Derivatives Clearing Corporation (CDCC), the Commission approved on March 12, 2021 the amendments to the Rules of CDCC to modify Rule A-9 and Rule B-3 to provide additional guidance related to adjustments to contract terms resulting from corporate action events and allow acceleration of the nearest month term when an equity option contract is adjusted.

A copy of the CDCC notice was published for comment on November 12, 2020 on the Commission's website at: http://www.osc.ca.