CDS Rule Amendment Notice - Technical Amendments to ATON User Guide
THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED (CDS)
TECHNICAL AMENDMENTS TO ATON USER GUIDE
NOTICE OF EFFECTIVE DATE
A. DESCRIPTION OF THE RULE AMENDMENT
Background
CDS has implemented CDS Participant Rule amendments creating a new category of participants for the purpose of accessing the Account Transfer Online Notification ("ATON") service. In conjunction with the creation of this new participant category and the CDS corporate restructuring initiative, CDS has proposed amendments to its ATON User Guide.
The ATON User Guide marked for the amendments may be accessed at the CDS website at:
http://www.cds.ca/cdsclearinghome.nsf/Downloads/-EN-ager7p1erblp/$File/ager7p1erblp.pdf?OpenElement
Description of Proposed Amendments
The proposed amendments to the ATON User Guide involve the replacement of all references to 'Subscriber' with a reference to "Participant"; further, reference to the ATON Subscriber Agreement has been redacted and replaced with reference to the CDS Participant Rules.
B. REASONS FOR TECHNICAL CLASSIFICATION
The amendments proposed pursuant to this Notice are considered technical as they are required to ensure consistency and compliance with the existing CDS Participant Rule governing ATON.
C. EFFECTIVE DATE OF THE RULE
Pursuant to Appendix A ("Rule Protocol Regarding The Review And Approval Of CDS Rules By The OSC") of the Recognition and Designation Order, as varied and restated on July 12, 2005, CDS has determined that these amendments will be effective on November 1, 2006.
D. QUESTIONS
Questions regarding this notice may be directed to:
Jamie Anderson
Senior Legal Counsel
The Canadian Depository for Securities Limited
85 Richmond Street West
Toronto, Ontario M5H 2C9
Telephone: 416-365-3876
Fax: 416-365-1984
e-mail: [email protected]