Notice of Commission Approval – Material Amendments to CDS Participant Rules Related to Lines of Credit Requirements for Non-Contributing Receivers of Credit Making Canadian Dollar Settlements – CDS Clearing and Depository Services Inc.

Canadian Depository for Securities Limited (CDS) rule review

 

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on December 21, 2018 a material amendment to a CDS Participant Rule related to lines of credit requirements for Non-Contributing Receivers of Credit making Canadian dollar settlements. A copy of the CDS notice was published for comment on August 30, 2018 on the Commission's website at: www.osc.ca. No comments were received.