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GSG > SEC Filings for GSG > Form 8-K on 5-Dec-2013All Recent SEC Filings




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Item 8.01. Other Matters.

Effective December 3, 2013, the Chicago Mercantile Exchange, Inc., ("CME" or "Exchange") approved the application to exceed position limits submitted on behalf of iShares® S&P GSCI™ Commodity-Indexed Investing Pool, LLC (the "Investing Pool") to hold an additional 27,224 contracts beyond the position limits established by the CME for futures contracts on the S&P GSCI-ER Index. The position limits established by the Exchange typically prohibits any person from holding a position of more than 59,000 contracts on the S&P GSCI-ER Index. The approved exemption is effective through December 2, 2014. The Investing Pool was previously granted an exemption to exceed position limits by an additional 60,000 contracts. As a result, the maximum number of futures contracts the Investing Pool may hold has effectively decreased from 119,000 to 86,224.

The above exemption is only applicable to the Investing Pool, and is not expected to apply to the iShares® S&P GSCI™ Commodity-Indexed Trust (the "Trust") following the dissolution of the Investing Pool, expected to occur at the end of this year, as disclosed in the current report on Form 8-K filed by the Trust and the Investing Pool with the Securities and Exchange Commission on November 29, 2013. As of December 3, 2013, the Trust, through the Investing Pool, held 24,633 contracts, and has initiated discussions with the CME regarding obtaining its own separate exemption.

Forward-Looking Statements

This report contains statements believed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than historical facts are forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. These risks and uncertainties include, but are not limited to, the risks described under the caption "Risk Factors" in the Trust's and the Investing Pool's Annual Report on Form 10-K for the period ended December 31, 2012, as updated and amended by subsequent current and periodic reports of the Trust and the Investing Pool under the United States Securities Exchange Act of 1934, as amended. Except as required by applicable securities laws, the Trust and the Investing Pool assume no obligation, and disclaim any duty, to update the forward-looking statements in this report.

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