OSC Staff Notice of Request for Comment – Amendments to CDCC Rules – Minor Changes to the Eligibility Criteria for Membership in the Corporation – Canadian Derivatives Clearing Corporation (CDCC)

The Ontario Securities Commission is publishing for 30 day public comment amendments to the eligibility criteria for membership in CDCC. The purpose of the proposed rule amendments is to expand CDCC’s membership criteria to allow certain firms that are not banks, financial institutions or members of an exchange to become Clearing Members, allowing them to directly clear with CDCC over-the-counter instruments transactions, fixed income transactions, or their own exchange transactions.

The comment period ends on December 22, 2017.

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