OSC STAFF NOTICE OF REQUEST FOR COMMENT –
CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS) –
PROPOSED AMENDMENTS TO THE CDS FEE SCHEDULE
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 http://www.osc.gov.on.ca