The NASD has extended the time that it is allowing its member broker-dealers to gather information on whether fund investors received the proper breakpoint discounts. The move was made in response to requests from member firms for more time, according to the NASD.

The deadline for broker-dealers to submit the information, which had been May 15, has been pushed to June 13 with the consent of the SEC. The NASD expects the June deadline to be the final deadline.  

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