OSC Staff Notice of Request for Comment – Material Amendments to CDS Rules Related to the Removal of the Central Counterparty (CCP) Cap for CDS Participants Who Use the Continuous Net Settlement Service (CNS) – CDS Clearing and Depository Services Inc.

The Ontario Securities Commission is publishing for 30 day public comment material amendments to the CDS Rules relating to the removal of the CCP Cap for CDS participants who use CNS.

The purpose of the proposed rule amendments is align CDS' cash-securities CCP function with the risk management practices of other cash-securities CCPs.

The comment period ends on September 28, 2018.

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