Self-Regulatory Organizations; Canadian Derivatives Clearing Corporation; Order Approving Proposed Amendments to Options Disclosure Document

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-44333; File No. SR-ODD-00-04] On May 17, 2001, the Canadian Derivatives Clearing Corporation (“CDCC”)  [ 1 ] and Bourse de Montre al, Inc. (“Bourse de Montre al”) submitted to the Securities and Exchange Commission (“SEC” or “Commission”), pursuant to Rule 9b-1 under the Securities Exchange Act of 1934 (“Act”), [ 2 ] five definitive copies of an amended options disclosure document (“ODD”), which describes the risks and characteristics of Canadian exchange-traded put and call options traded on the Bourse de Montre al. [ 3 ] The Commission has reviewed the amended ODD and finds that it complies with Rule 9b-1 under the Act. [ 4 ] Among other things, the CDCC and Bourse de Montre al have revised the ODD to describe changes in the Canadian marketplace. Previously, options cleared and settled by the CDCC were purchased and sold in transactions on the Montre al Exchange (now the Bourse de Montre al), the Toronto Stock Exchange (“TSE”), the Toronto Futures Exchange (“TFE”), and the Vancouver Stock Exchange (“VSE”). Under a Memorandum of Agreement dated March 15, 1999, the Alberta Stock Exchange (“ASE”), the Bourse de Montre al, the TSE, and the VSE agreed that the ASE and the VSE would combine to create a single junior equities market, that all senior equities would be transferred to the TSE, and that the Bo…