“U.S. commodities regulators are examining sharp price swings in the natural-gas market during the past year that came just before the public announcement of weekly gas-inventory data, a person familiar with the situation said.
Officials in the Commodity Futures Trading Commission’s market-oversight division have intensified since late last year their customary review of market data in an effort to detect suspicious trading strategies around the reports by the U.S. Energy Information Administration.
The expanded scrutiny of the natural-gas market is “more than just the routine oversight and surveillance,” the person said. Regulators are examining trading activity by specific firms, and the CFTC’s commissioners have been briefed on the matter, this person added….”
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