(1) Staff registration. Any such employee who’s not inside conformity for the registration and you will novel identifier standards set forth within area is in pass of one’s S.An excellent.F.Elizabeth. Operate which part.
(i) Overall. If the a worker of a safeguarded lender try joined otherwise authorized due to, and you may acquired a special identifier out of, the fresh new Registry and has managed this subscription or license through to the staff gets at the mercy of that it region at newest covered monetary institution, then the membership conditions of one’s S.An effective.F.Elizabeth. Operate which area is actually deemed to-be came across, so long as:
(A) The utilization pointers from inside the paragraphs (d)(1)(i)(C) and you will (d)(1)(ii) with the section is actually current together with conditions away from section (d)(2) of this area are met;