OSC STAFF NOTICE OF REQUEST FOR COMMENT
CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC)
AMENDMENTS TO THE DEFAULT MANUAL AND TO SECTIONS A-308 AND A-401
OF THE RULES OF THE CANADIAN DERIVATIVES CLEARING CORPORATION
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.