The SEC's Ex-Investment Management Chief on Fund Oversight, Lawsuits and Industry `Catastrophizing'

Also, CFPB hits a nerve with new legal stance on mobile banking fraud

Friday Q and A: Some of the biggest opposition to SEC Chair Gary Gensler’s agenda has come from asset management firms. Hedge fund trade groups have already challenged several of the agency’s major rules in court, and mutual funds have been doing a lot of saber rattling as well. Suffice it to say that relations between the industry and its primary overs…