Regulatory sandbox enables temporary exemptions from securities regulations subject to board specified conditions for live testing of innovations The Board may exempt any person or class from specified regulatory provisions for up to twelve months to facilitate testing of new products, processes, services or business models in a regulatory sandbox. Exemptions are subject to conditions prescribed by the Board, including continuous compliance requirements. A regulatory sandbox is a live testing environment permitting deployment to a limited set of eligible customers for a specified period under Board specified conditions to further innovation in the securities market.
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 enables temporary exemptions from securities regulations subject to board specified conditions for live testing of innovations
The Board may exempt any person or class from specified regulatory provisions for up to twelve months to facilitate testing of new products, processes, services or business models in a regulatory sandbox. Exemptions are subject to conditions prescribed by the Board, including continuous compliance requirements. A regulatory sandbox is a live testing environment permitting deployment to a limited set of eligible customers for a specified period under Board specified conditions to further innovation in the securities market.
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