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The Investment Company Products/Variable
Contracts Limited Principal Qualification
Examination, or Series 26, qualifies
individuals who will function as a principal
for the solicitation, purchase, and/or
sale of:
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Redeemable securities of companies
registered under the Investment Company
Act of 1940
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Securities of closed-end companies
registered under the Investment Company
Act of 1940 only during the period of
original distribution
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Variable Contracts
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Insurance premium funding programs
and other insurance company issued contracts
The Series 26 is a 2 1/2 hour, 110 multiple-choice
question exam categorized as follows:
| Category |
Questions
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%
of Exam
|
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11
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10%
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- Training of Representatives
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19
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17%
|
|
|
24
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22%
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|
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32
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29%
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- Business Processing and Recordkeeping
Rules
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24
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22%
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To pass the Series 26, a 70% is required (77 out of 110 questions must
be answered correctly).
Series 26 Exam Fee:
$75
(Effective January 1, 2005)
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