Regulatory sandbox exemptions enable time-limited testing of securities-market innovations, subject to conditions and continuing compliance. Regulatory sandbox exemptions permit the Board to exempt a person or class of persons from all or specified regulatory requirements for a period not ... Summary
Regulatory sandbox exemptions enable time-limited testing of securities-market innovations, subject to conditions and continuing compliance.
Regulatory sandbox exemptions permit the Board to exempt a person or class of persons from all or specified regulatory requirements for a period not exceeding twelve months to facilitate live testing of securities-market innovations. Exemptions remain subject to conditions specified by the Board, including continuous compliance. The sandbox allows new products, processes, services and business models to be deployed to limited eligible customers for a specified period.
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