Broker/dealers could face pressure to provide investors with an unprecedented amount of detail about the special sales payments they receive from mutual funds and mutual fund companies as the result of a class action lawsuit that is moving slowly through the federal courts.

Investors have accused some of the most recognized broker/dealers in the securities industry - including Bear Stearns & Co. of New York, Donaldson, Lufkin & Jenrette Securities Corp.'s Pershing Division of Jersey City, N.J. and Fidelity Investments of Boston's National Financial Services Corp. subsidiary - of violating federal securities laws by inadequately disclosing to investors the amount of rule 12b-1 fees those broker/dealers receive from money market funds.

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