HedgeStreet Temporarily Reduces the Reporting Levels and Corresponding Speculative Position Limits in (4) Event Contract Instruments
Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended ("Act"), and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the "Commission") under the Act, the HedgeStreet Rule and Instrument Committees effect a proportionate reduction in both the a) reporting levels; and b) speculative position limits for the Event contracts (as represented by their corresponding HedgeStreet Rules) referenced below:
Rule 12.59 Crude Oil Event Contract Hedgelet Contracts
Rule 12.66 Gold Event Contract Hedgelet Contracts
Rule 12.68 Natural Gas Event Contract Hedgelet Contracts
Rule 12.70 Silver Event Contract Hedgelet Contracts
These Rule amendments will be made effective at the start of business on Monday, February 27, 2006. Click here to view the rule amendments.
