OSC Staff Notice of Request for Comment – Amendments to the Default Manual and to Sections A-308 and A-401 of the Rules of the CDCC – Canadian Derivatives Clearing Corporation (CDCC)

The Ontario Securities Commission is publishing for public comment the proposed amendments to the default manual and sections of CDCC rules (Sections A-308, A-401). The purpose of the proposed amendments is to clarify the language of its Rules and Default Manual governing the default management process, in accordance with the requirement of Principle 1 -- Legal Certainty under the PFMIs.

The comment period ends January 22, 2016.

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