Notice of Commission Approval - Material Amendments to CDS Procedures Relating to Tax Breakdown Service Procedures
CLEARING AND DEPOSITORY SERVICES INC. (CDS®)
MATERIAL AMENDMENTS TO CDS PROCEDURES
TAX BREAKDOWN SERVICE PROCEDURES
NOTICE OF COMMISSION APPROVAL
In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDS Clearing and Depository Services Inc. (CDS), the Commission approved on December 19, 2007, amendments filed by CDS to its procedures relating to tax breakdown service (TBS). The objective of the amendments is to allow CDS Participants to subscribe to an enhanced version of the TBS through CDS. TBS provides tax breakdown information on distributions made by mutual fund trusts, mutual fund corporations and limited partnerships to be reported on tax information slips. A copy and description of these amendments were published for comment on October 26, 2007 at (2007) 30 OSCB 9035. No comment letters were received.