Proceedings

OSC STAFF NOTICE OF REQUEST FOR COMMENT

CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS®)

MATERIAL AMENDMENTS TO
CDS RULES RELATED TO
TIERED PARTICIPATION INFORMATION SHARING


The Ontario Securities Commission is publishing for a 30-day public comment period material amendments to the CDS Rules relating to tiered participation information sharing.

The purpose of the proposed rule amendments is to specify that, upon request from CDS Clearing, Participants will be required to provide information in order to ensure observance of CDS Clearing’s obligations under Principle 19 – Tiered Participation

Arrangements of the CPMI-IOSCO Principles for Financial Market Infrastructures.

The comment period ends on December 6, 2019.

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