Regulatory sandbox enabling temporary exemptions to securities regulations for live testing under specified conditions and oversight. The Board may exempt any person or class from specified provisions of these regulations for up to twelve months to facilitate testing new products, processes, services or business models in a live regulatory sandbox; any exemption is subject to conditions specified by the Board, including continuous compliance, and the sandbox permits deployment to a limited set of eligible customers for a specified period under Board specified safeguards.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regulatory sandbox enabling temporary exemptions to securities regulations for live testing under specified conditions and oversight.
The Board may exempt any person or class from specified provisions of these regulations for up to twelve months to facilitate testing new products, processes, services or business models in a live regulatory sandbox; any exemption is subject to conditions specified by the Board, including continuous compliance, and the sandbox permits deployment to a limited set of eligible customers for a specified period under Board specified safeguards.
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