CDS Rule Amendment Notice - Technical Amendments to CDS Procedures - Delivery Services

Market Regulation Document Type
Canadian Depository for Securities Limited (CDS) rule review

THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED (CDS)

TECHNICAL AMENDMENTS TO CDS PROCEDURES

DELIVERY SERVICES

A. DESCRIPTION OF THE RULE AMENDMENT

The proposed amendments to the CDS User Guide entitled Participating in CDS Services itemize the services that CDS intends to offer to its Participants under Rule 13 (concerning Delivery Services):

1. Same-city transfer services

2. Inter-city transfer services

3. Branch-to-branch inter-city transfer

4. International deliveries

5. Consolidated Courier

6. Settlement envelopes

7. Remote transfer service

The Procedures marked for the amendments may be accessed on the CDS website at:

http://www.cds.ca/cdshome.nsf/Pages/-EN-Documentation?Open

B. REASONS FOR TECHNICAL CLASSIFICATION

The amendments proposed pursuant to this Notice are considered technical amendments as they are consequential amendments intended to implement the CDS Participant Rule concerning Delivery Services.

C. EFFECTIVE DATE OF THE RULE

Pursuant to Appendix A ("Rule Protocol Regarding The Review And Approval Of CDS Rules By The OSC") of the Recognition and Designation Order, as varied and restated on July 12, 2005, CDS has determined that these amendments will be effective on November 1, 2006.

D. QUESTIONS

Questions regarding this notice may be directed to:

Tony Hoffmann
Legal Counsel
The Canadian Depository for Securities Limited
85 Richmond Street West
Toronto, Ontario M5H 2C9
 
Telephone: 416-365-3768
Fax: 416-365-1984
 
JAMIE ANDERSON
Senior Legal Counsel