New infrared and optical spectroscopic observations, obtained with the W.M. Keck Telescope, are reported for the highly luminous infrared source FSC10214+4724. The rest frame optical spectrum shows new emission lines of (NeIII, (NeV), (OI), (OII), (SII), and He(+) while the rest frame ultraviolet spectrum shows new lines of OIV+SiIV, NII, NIV, SiII, NeIV and possibly NII and (NeIII), as well as clearly showing the L alpha is self-absorbed. The emission line spectrum is most characteristic of a Seyfert 2 nucleus. The preponderance of spectroscopic evidence strengthens the case of a dust enshrouded AGN powering much or most of the observed luminosity. The various spectral lines lead to a wide range in the inferred reddening and ionization parameter for this system, suggesting that we are viewing several environments through differing extinctions.