Securities Institute of America - Wiley Series 26 Exam Review 2016 + Test Bank: The Investment Company and Variable Contracts Products Principal Examination

This series includes the following titles:

Wiley Series 3 Exam Review 2016 + Test Bank: National Commodities Futures Examination

Wiley Series 4 Exam Review 2016 + Test Bank: The Registered Options Principal Examination

Wiley Series 6 Exam Review 2016 + Test Bank: The Investment Company and Variable Contracts Products Representative Examination

Wiley Series 7 Exam Review 2016 + Test Bank: The General Securities Representative Examination

Wiley Series 9 Exam Review 2016 + Test Bank: The General Securities Sales Supervisor ExaminationOption Module

Wiley Series 10 Exam Review 2016 + Test Bank: The General Securities Sales Supervisor ExaminationGeneral Module

Wiley Series 24 Exam Review 2016 + Test Bank: The General Securities Principal Examination

Wiley Series 26 Exam Review 2016 + Test Bank: The Investment Company and Variable Contracts Products Principal Examination

Wiley Series 55 Exam Review 2016 + Test Bank: The Equity Trader Examination

Wiley Series 62 Exam Review 2016 + Test Bank: The Corporate Securities Representative Examination

Wiley Series 63 Exam Review 2016 + Test Bank: The Uniform Securities State Law Examination

Wiley Series 65 Exam Review 2016 + Test Bank: The Uniform Investment Adviser Law Examination

Wiley Series 66 Exam Review 2016 + Test Bank: The Uniform Combined State Law Examination

Wiley Series 99 Exam Review 2016 + Test Bank: The Operations Professional Examination

For more on this series, visit the website at www.wileysecuritieslicensing.com.

The Securities Institute of America, Inc.

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Copyright 2016 by The Securities Institute of America, Inc. All rights reserved.

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Congratulations! You are on your way to becoming a registered principal, licensed to supervise business in both investment company and variable contract products. The Series 26 exam will be presented in a 110-question multiple-choice format. Each candidate will have 2 hours and 30 minutes to complete the exam. A score of 70% or higher is required to pass. The Series 26 is as much a knowledge test as it is a reading test. The writers and instructors at The Securities Institute have developed the Series 26 textbook, exam prep software, and videos to ensure that you have the knowledge required to pass the test and that you are confident in the application of that knowledge during the exam.

Important Exam Note

The Series 26 exam may use the terms FINRA, NASD, or both to describe itself or its rules. Test takers are advised to be aware of this and to treat the two terms as interchangeable. The text in most instances uses the most up-to-date termFINRA.

The Series 26 exam is presented in multiple-choice format on a touch-screen computer known as the PROCTOR system. No computer skills are required, and candidates will find that the test screen works in the same way as an ordinary ATM machine. Each test is made up of 110 questions that are randomly chosen from a test bank of several thousand questions. The test has a time limit of 2 hours and 30 minutes, which is designed to provide enough time for all candidates to complete the exam. Each Series 26 exam will comprise questions that focus on the following areas:

For most candidates, the combination of reading the textbook, watching the videos, and using the exam prep software is enough to successfully complete the exam. It is recommended that candidates spend at least 60 hours preparing for the exam by reading the textbook, underlining key points; watching the video class; and answering as many practice questions as possible. We recommend that candidates schedule their exam no more than one week after completing their Series 26 exam prep.

1. Read the full question before answering.
2. Identify what the question is asking.
3.