OSC Staff Notice of Request for Comment – Material Amendments to CDS Procedures Relating to CDS-DTCC Payment Service – 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 Procedures relating to CDS – DTCC Payment Service. The purpose of the proposed procedure amendments is to allow the implementation of an automated web application that changes the current process of communicating information related to entitlement payments for entities that are both DTCC members and CDS participants.

The comment period ends on January 03, 2017.

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