Opposition to Mutual Fund Swing Pricing Sets Up Another Epic Battle for Gensler

Also, House's Wagner blasts SEC plan to route retail trades to auctions

The SEC’s proposal to better protect mutual fund shareholders in times of market turmoil has sparked a vast outpouring of opposition from the industry. And it’s pretty clear that the SEC plan is the biggest regulatory fight that mutual fund firms have faced in a while. So they are bringing out the big guns – and using strong language that one doesn’t of…