Notice of Commission Approval – Material Amendments to CDS Procedures – GIC Funds-Only Trade Service in CDSX – CDS Clearing and Depository Services Inc.

Canadian Depository for Securities Limited (CDS) rule review
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In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on May 18, 2012, amendments filed by CDS to its procedures to introduce a new service to automate the process for the exchange of funds between Guaranteed Investment Certificate (GIC) issuers and purchasers. A copy and description of the rule amendments were published for comment on March 23, 2012 at (2012) 35 OSCB 2984. No comments were received.