This message is used to respond to a Registration Instructions <35=o> request, which may be accepted or rejected.

RegistStatus (506) represents the current state of the instructions. The statuses are as follows, from highest to lowest precedence:

RegistStatus	Description
Accepted	Registration details are acceptable to the receiving broker, intermediary or fund manager. Assigned client and account Ids may be returned
Rejected	Registration details have been rejected by the receiving broker, intermediary or fund manager
Held	Registration details have been held by the receving broker, intermediary or fund manager. Assigned (possibly provisional) client and account IDs may be returned