OSC Staff Notice of Request for Comment – Material Amendments to CDS Procedures – Introduction of a CNS Participant Default Fund – CDS Clearing and Depository Services Inc.

Market Regulation Document Type
Canadian Depository for Securities Limited (CDS) rule review


The Ontario Securities Commission is publishing for public comment the proposed CDS procedure amendments related to the introduction of a CNS Participant default fund. These amendments are required by CDS to observe the CPSS-IOSCO Principles for Financial Market Infrastructures “PFMI” as soon as possible. The comment period ends on December 19, 2014.

A copy of the CDS notice is published on our website at www.osc.ca.