Industry

OSC STAFF NOTICE OF REQUEST FOR COMMENT
CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC)

PROPOSED AMENDMENTS TO
THE RULES OF CDCC WITH RESPECT TO THE ADJUSTMENTS IN CONTRACT TERMS

 

The Ontario Securities Commission is publishing for public comment the proposed amendments to the CDCC Rules concerning the adjustments in contract terms

The purpose of the proposed amendments is to provide additional guidance related to adjustments to contract terms resulting from corporate action events and allow acceleration of the nearest month term when an equity option contract is adjusted.

The comment period ends on December 11, 2020.

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