Notice of Commission Approval – Material Amendments to CDS Rules and Procedures – Soft Cap for the New York Link Service – CDS Clearing and Depository Services Inc.

Canadian Depository for Securities Limited (CDS) rule review

 
In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on July 23, 2010, amendments filed by CDS to its rules and procedures relating to a threshold established by CDS to reduce the size of the end of day payment obligations for individual New York Link participants. A copy and description of the rule amendments were published for comment on May 7, 2010 at (2010) 33 OSCB 4267 and a copy and description of the procedure amendments were published for comment on May 14, 2010 at (2010) 33 OSCB 4525. No comments were received.