'Have Them Stand Up.' Gensler's Beefs With Mutual Funds Boil Over at Industry Gathering

Also, what bank CEOs talked about in a private meeting with SEC chief; bill on broker research payments sails through House Financial Services

The biggest applause at the Investment Company Institute conference today came just after Gary Gensler logged off from his virtual appearance. The packed ballroom wasn’t cheering the SEC chief – they were thanking the head of their trade group for interrogating him.

“Good job, Eric,” an audience member yelled out to ICI President Eric Pan, as the crowd e…