WASHINGTON - Rep. John Dingell. D-Mich., and Rep. Edward Markey, D-Mass., have given securities regulators up to an extra month and a half to report back to them on whether regulation of the municipal market should be tightened, a Washington source said yesterday.

The Securities and Exchange Commission, the Municipal Securities Rulemaking Board, and the National Association of Securities Dealers originally were given a July 23 deadline to respond to questions posed by the chairman of the House Energy and Commerce Committee and the chairman of that panel's subcommittee on telecommunications and finance.

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