What is the Definition of Registered Principal?
An officer or manager of a National Association of Securities Dealers (NASD) member, who is involved in the day-to-day operation of the securities business, has qualified as a registered representative, and has an NASD Series 24 or 26 registration.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
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What is the Definition of Registered Principal?
You can find random definition and meaning of insurance terms below:
What is the meaning of Bodily injury liability coverage
Coverage for damages resulting in bodily injury or death sustained by others, including covered medical costs, that you become legally responsible for because of a covered auto accident.
What is the meaning of Brand New Belongings (also called extended replacement cost)
Homeowners’ coverage that helps replace or repair personal property without depreciation being taken from the value of the property.
What is the meaning of Building / additions / alterations coverage (tenant/condo only)
Pays for damages to additions, alterations, fixtures, improvements or installations that you make to your rented residence or condo.
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