Series 26 Practice Exam 2025 – Full Prep for Investment and Variable Contracts Principals

The correct answer is based on regulatory requirements regarding the delivery of a Statement of Additional Information (SAI) to purchasers. When a potential investor requests the SAI, the timeframe mandated by regulatory guidelines is within three business days. This requirement ensures that investors have timely access to this crucial document, which provides additional details about a mutual fund's investment objectives, policies, and other important information that can aid in making informed investment decisions.

Other choices do not align with the regulatory framework: delivering the SAI in one business day would be impractical for many entities, while longer timeframes, such as five or seven business days, exceed the maximum allowable period for such requests. This three-day requirement reflects the importance of transparency and information availability in the investment process.