Regulatory sandbox exemptions permit time-limited testing of securities-market innovations subject to specified conditions and continuous compliance. The Board may exempt a person or class of persons from all or specified regulatory provisions for a period not exceeding twelve months to facilitate ... Summary
Regulatory sandbox exemptions permit time-limited testing of securities-market innovations subject to specified conditions and continuous compliance.
The Board may exempt a person or class of persons from all or specified regulatory provisions for a period not exceeding twelve months to facilitate innovation through live testing in a securities-market regulatory sandbox. The exemption remains subject to specified conditions, including continuous compliance. The sandbox permits deployment of new products, processes, services, or business models to a limited set of eligible customers for a specified period.
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