Definition - What does Limited Principal mean?
Limited Principal is an individual who has passed the Series 26 exam and may supervise Series 6 limited representatives.
Testopedia explains Limited Principal
a limited principal who has passed the series 26 exam may supervise a member firm's business in mutual funds and annuities. A series 26 limited principal may supervise series 6 agents who conduct investment company and annuity business with members of the investing public.