Registration conditions: brokers must hold exchange membership, follow exchange rules, secure approval for control changes, maintain networth. Regulation 9 makes registration conditional on holding stock exchange membership, compliance with exchange rules, payment of Board fees, adherence to the Code of Conduct in Schedule II, maintenance of minimum networth in Schedule VI, and prior Board approval for change in control; brokers acting as underwriters must enter valid agreements with the body corporate and underwrite only from prescribed own funds, while brokers must redress investor grievances within the prescribed period and report to the Board as required.