Notice of Variation Orders – Canadian Depository for Securities Limited et al.

On June 15, 2023, the Commission made orders (Variation Orders) under section 21.2 and subsection 144(1) of the Securities Act (Ontario) varying the Commission's orders recognizing the Canadian Depository for Securities Limited, CDS Clearing and Depository Services Inc. (CDS) and the Canadian Derivatives Clearing Corporation (CDCC) as clearing agencies (Recognition Orders).

The purpose of the Variation Orders is to reduce regulatory burden under the Recognition Orders and to streamline and update regulatory reporting requirements applicable to CDS and CDCC.

The Variation Orders are published for CDS and CDCC are published on the Commission’s website at www.osc.ca.