OSC Staff Notice of Request for Comment – Proposed Amendments to the CDS Fee Schedule – CDS Clearing and Depository Services Inc.

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

The Ontario Securities Commission is publishing for public comment the proposed amendments to the CDS fee schedule.

The four fee proposals amendments are:

  1. Amendment of the NR-7 Certificate of Taxes Withheld billing codes to offset the development of an automated service for the issuance of these certificates, including a change in the fees charged;
  2. The implementation of two new electronic corporate action alert types and the re-alignment of similar electronic alert types into larger categories to facilitate future development;
  3. Amendment of the courier service fees to reflect an increase, as of July 1, 2016, in the expense incurred by CDS in the provision of the service; and
  4. Amendment of the New York Link liquidity premium fees to reflect a reduction in the percentage premium charged to Participants by CDS.

The comment period ends on June 4, 2016.

A copy of the CDS notice is published on our website at www.osc.ca.