OSC Staff Notice of Request for Comment – Amendments to the Operations Manual and the Risk Manual to Address its Intra-Day Variation Margin Exposure – Canadian Derivatives Clearing Corporation (CDCC)

The Ontario Securities Commission is publishing for public comment the proposed amendments to the Operations Manual and Risk Manual of CDCC. The purpose of the proposed amendment is to implement a new risk framework to ensure compliance with PFMI requirements (principle 6) in order to manage its intra-day variation margin exposure.

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