SEC Retreats From 'Swing Pricing' Mandate for Mutual Funds After Stiff Opposition

What You Need To Know

• The plan would have imposed swing pricing during periods of high redemptions, making it costlier for investors.
• Democratic lawmakers warned the measure could impose heavy burdens on investors saving for retirement.
• The regulator instead approved more-frequent disclosures of mutual-fund performance that had accompanied the swing-pricing measure.