NYSE Rule 1210

Key Requirements:

• Required registration. Individuals working in a member firm’s securities or investment banking business must be registered in the role that matches their job duties. They generally cannot perform activities that require a different registration.
• Testing and qualifications. Individuals must pass the required industry exams, including the SIE and any role-specific exams, before acting in registered positions. In limited cases, the Exchange may grant exam waivers.
• Temporary role changes. Certain registered individuals may temporarily act as principals for up to 120 days while completing the required principal qualification exam.
• Training and conduct. Registered persons must complete continuing education, follow exam rules, and protect the confidentiality of exam materials.
• Keeping registration active. The rule explains:
  • when registrations or exam qualifications expire;
  • when individuals must requalify; and
  • how special situations, such as military service or certain affiliate assignments, affect registration status.