Skip to content
Subscriber Only

Regulators Look Into Timing of Trades After Fed Statement

U.S. regulators are looking into how trading in financial instruments linked to gold in New York and Chicago occurred so quickly after the release of a Federal Reserve statement in Washington last week.

“It’s standard practice to look at moves like this from a surveillance perspective,” Bart Chilton, a Democratic commissioner at the Commodity Futures Trading Commission, said in a statement today.