Have seen this happening on my MEP standard.
When I change the playback speed of a video ( via Efffect > Speed) the waveform on the audio track goes missing. I use the waveform as a visual markers for me to fast-forward my video, skipping the non-dialog sections. But with the waveform not displaying, If I need to tweak the position, I cannot easily do so other than by listening.
Is this a normal behavior or I need to set some settings to see the waveform when my video playback speed changes.