Regulatory sandbox exemption allows temporary relief from regulations to test securities market innovations under conditions and oversight. The Board may exempt any person or class of persons from specified provisions of the Research Analysts Regulations for a time-limited period to enable live testing of new products, processes, services or business models in a regulatory sandbox. Exemptions are subject to conditions determined by the Board, including ongoing compliance requirements, and the regulatory sandbox is defined as a live testing environment deploying innovations to a limited set of eligible customers for a specified period under Board-specified conditions.
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 exemption allows temporary relief from regulations to test securities market innovations under conditions and oversight.
The Board may exempt any person or class of persons from specified provisions of the Research Analysts Regulations for a time-limited period to enable live testing of new products, processes, services or business models in a regulatory sandbox. Exemptions are subject to conditions determined by the Board, including ongoing compliance requirements, and the regulatory sandbox is defined as a live testing environment deploying innovations to a limited set of eligible customers for a specified period under Board-specified conditions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.