The Depository Trust & Clearing Corporation will amend two fund services in order to more accurately track the use of breakpoints, the company announced. In a partnership with NewRiver, the DTCC has become the first organization to address the problems in distribution of breakpoint discounts, which have allegedly not been given out as promised by many companies.

By enhancing both the Fund/SERV and Mutual Fund Profile Service, the DTCC is adhering to the NASD and Industry Task Force recommendations last July to better track breakpoints.

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