The allegations read: Nasd conduct rule 2110 and 2310 - respondent recommended numerous class b mutual fund transactions to customers, which were unsuitable for these customers. Had class a shares been recommended instead of class b shares, the customers would have (1) been eligible to receive breakpoints on class a share purchases; (2) paid lower 12b-1 fees; and (3) avoided being subject to contingent deferred sales charges.
