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The Investment Company Representative Certification Program (ICRCP)
In cooperation with the Securities and Exchange Commission (SEC) and the Capital Markets Development Council (CMDC), ICAP has professionalized the licensure and certification process for mutual fund salesmen through the ICRCP.  The program focuses on ensuring that investment company representatives have all the knowledge and primary expertise that will be necessary in introducing mutual fund investments to the public.  The ICRCP involves a two-day seminar and a computer-based examination. The seminar, which is conducted by ICAP deputized trainors, has five main sections, namely; Fundamentals of Securities, Economics, Mutual Funds, the Law Governing Investment Companies, and the ICAP Code of Ethics.   The examination is the hurdle by which the salespeople are measured against.   The ICRCP, as a result, becomes a fully integrated approach to professionalize the industry's salespeople and the sales processes involved within it.
   
At the ICRCP Seminars ICAP ICRCP Study Guide Presentation
to the SEC  November 03, 1999
 
     
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