OSC Staff Notice of Request for Comments – Material Amendments to CDS Participant Rules Related to Non-LVTS Settlement Agents – CDS Clearing and Depository Services Inc.

Canadian Depository for Securities Limited (CDS) rule review

 

The Ontario Securities Commission is publishing for 30 day public comment material amendments to the CDS Rules relating to non-LVTS Settlement Agents. The purpose of the proposed participant rules amendments is to remove reference to the ability of a non-LVTS user to deliver, or to the Bank of Canada accepting eligible collateral from CDS Participants who are not LVTS users in exchange of funds.

The comment period ends on April 23, 2018.

A copy of the CDS Notice is published on our website at http://www.osc.gov.on.ca.