Notice of Commission Approval – Material Amendments to CDS Rules – Timing of Novation – 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 July 13, 2016 Material Amendments to CDS Rules – Timing of Novation.

A copy of the CDS notice was published for comment on May 19, 2016 on the Commission's website at: http://www.osc.gov.on.ca. No comments were received.