Notice of Commission Approval – Material Amendments to CDS Rules – Multi-Classification of Limited Purpose Participants – CDS Clearing and Depository Services Inc.
In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on January 21, 2014, amendments filed by CDS to its rules, to make it possible for its limited purpose participants to be classified in multiple categories. The amendments to the rules are meant to correct the existing unintended restriction which prohibits limited purpose participants to be classified in multiple categories.
A copy and description of the procedural amendments were published for comment on December 13, 2012 at (2012) 35 OSCB 11436. No comments were received.