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

When a registered person enters active military service, the license expiration period is placed on hold. This means that while the individual is serving in the military, they do not lose their licensing status, and the clock on their license expiration essentially pauses. This provision is typically designed to protect servicemembers from losing their professional licenses due to the time spent in active service, acknowledging their commitment and the disruptions that military duty can cause to civilian careers.

Other choices, like the license continuing as normal or expiring immediately, do not accurately reflect the protections afforded to those who serve in the military, as they would not account for the unique circumstances of military service that might prevent an individual from meeting ongoing licensing obligations. Similarly, while the option of extending the license indefinitely could seem appealing, licensing authorities usually do not grant such broad leeway without specific regulations regarding active duty status — which is covered by the hold on expiration rather than an indefinite extension.