Software testing requirements: expedited approval for limited changes while preserving risk-management integrity and preventing unauthorized modifications. Stock exchanges may permit expedited approval for bug fixes, exchange-driven broker software changes, and vendor software already tested in mock environments; schedule mock testing, system-auditor certification and approval to facilitate transitions; waive mock testing and audits for changes limited to look-and-feel that do not affect risk-management or connectivity; require brokers to restore systems to production state after testing and implement controls to prevent unauthorized changes; and amend rules and notify members to implement these measures.
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.
Software testing requirements: expedited approval for limited changes while preserving risk-management integrity and preventing unauthorized modifications.
Stock exchanges may permit expedited approval for bug fixes, exchange-driven broker software changes, and vendor software already tested in mock environments; schedule mock testing, system-auditor certification and approval to facilitate transitions; waive mock testing and audits for changes limited to look-and-feel that do not affect risk-management or connectivity; require brokers to restore systems to production state after testing and implement controls to prevent unauthorized changes; and amend rules and notify members to implement these measures.
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