'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

May 25, 2023

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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…

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