Notice of Commission Approval: Material Amendments to CDS Procedures Relating to Electronic Alert Service (EAS)

CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS®)

MATERIAL AMENDMENTS TO CDS PROCEDURES

NEW ELECTRONIC ALERT SERVICE (EAS)

NOTICE OF COMMISSION APPROVAL

On September 8, 2009, the Commission approved amendments to the procedures of CDS Clearing and Depository Services Inc. (CDS) relating to the new Electronic Alert Service (EAS). The amendments describe the new EAS, an automated notification function that will deliver electronic alerts to participants advising them of an activity that has taken place. A notice and description of the amendments was published, together with a request for comment, in the Commission’s Bulletin on July 3, 2009, at (2009) 32 OSCB 5492. No comment letters were received regarding the amendments.