Industry

OSC STAFF NOTICE OF REQUEST FOR COMMENT

CDS CLEARING AND DEPOSITORY SERVICES INC.

MATERIAL AMENDMENTS TO CDS EXTERNAL PROCEDURES RELATED TO INTEREST CHARGES

 

The Ontario Securities Commission is publishing for a 30-day public comment period, material amendments to the CDS External Procedures relating to interest charges.

The purpose of the proposed procedure amendments is to clarify the existing provisions relating to interest rebate and interest charge on participants' cash collateral deposits.

The comment period ends on August 17, 2020.

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