Ms. Roopa Engineer who graduated recently has a good knowledge of financial market. She planned some experiment under regulatory environment to start a Fin Tech start-up. Can she do this experiment? Explain with respect

Ms. Roopa Engineer can conduct her financial market experiment under SEBI's regulatory environment provided it involves innovative technology or processes related to the securities market, complying eligibility criteria and application is evaluated and approved by SEBI. The entities registered by SEBI under the regulatory sandbox, shall be granted certain facilities and flexibilities to experiment with financial technologies (Fintech) solution in a live environment and on limited set of real customers for limited time frame. These features shall be fortified with necessary safeguard for investor protection and risk mitigation. SEBI believes that encouraging adoption and usage of Fintech can act as an instrument to further develop and maintain an efficient, fair and transparent securities market ecosystem. The framework for 'Regulatory Sandbox' as issued by SEBI provides for the following aspects: Applicability Eligibility criteria of project Application and approval process Evaluation criteria Regularly exemption Submission of test related information and report Obligation of the applicant towards the user Extending or exiting the Sandbox Revocation of the approval, and Regulatory sandbox application form.