OSC Staff Notice of Commission Approval – Material Amendments to CDS Procedures – Amendment to Debt Haircut Rates in CDSX – 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 April 15, 2011, amendments filed by CDS to its procedures relating to the haircut rates applied to debt securities in CDSX. The amendments are to maintain consistency with the Bank of Canada haircut rates. A copy and description of the procedural amendments were published for comment on February 11, 2011 at (2011) 34 OSCB 1990. No comments were received.