Notice of Effective Date – Technical Amendments to CDS Procedures – Changes to Eligible Collateral for Collateral Pools and Participant Funds – CDS Clearing and Depository Services Inc.

The Ontario Securities Commission is publishing Notice of Effective Date -- Technical Amendments to CDS Procedures -- Changes to Eligible Collateral for Collateral Pools and Participant Funds. The amendments were presented to the CDS's Risk Advisory Committee (RAC) and were, thereafter, presented to the Risk Management and Audit Committee (RMAC) of the CDS Board of Directors on May 5, 2014. The RMAC recommendation to the Board of Directors to approve the proposed collateral haircuts for debt instruments was accepted on May 6, 2014. CDS intends to implement the proposed amendments as soon practicable and subject to the notice period required under CDS's Participant Rules.

A copy of the CDS notice is published on our website www.osc.ca.