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    <title>Exemption from enforcement of the regulations in special cases</title>
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    <description>Regulation 28A empowers the Board to exempt persons or classes from provisions of the Stock Brokers Regulations for a specified period not exceeding twelve months to further innovation by testing new products, processes, services or business models in a live regulatory sandbox; any exemption is subject to conditions specified by the Board, including continuous compliance obligations, and the sandbox is defined as a live testing environment using a limited set of eligible customers for a specified period under Board-prescribed conditions.</description>
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