If the board finds it to be necessary, it may give advice to an entrusting financial instruments exchange about the necessary measures that should be taken in order to ensure fair and smooth purchase and sales of securities and market derivatives transactions on a financial instruments exchange market operated by the entrusting financial instruments exchange, and to contribute to the sound development of the financial instruments business and to the protection of investors.
If the board gives the advice referred to in the preceding paragraph, and the entrusting financial instruments exchange that receives the advice takes it, it must report to the board the details of the measures taken; if the entrusting financial instruments exchange does not take that advice, it must report to the board that it has not taken any measures.
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(Advice on Necessary Measures from the Board)
If the board finds it to be necessary, it may give advice to an entrusting financial instruments exchange about the necessary measures that should be taken in order to ensure fair and smooth purchase…
理事会は、必要があると認めるときは、委託金融商品取引所が開設する金融商品市場における有価証券の売買及び市場デリバティブ取引を公正かつ円滑にし、並びに金融商品取引業の健全な発展及び投資者の保護に資するために行うべき措置について、委託金融商品取引所に助言をすることができる。
Open this provisionsecurities
「有価証券」
Securities as this Act defines them: the instruments listed in Article 2, paragraph (1), among them national government and local government bonds, corporate bonds, share certificates and share option certificates, preferred equity investment certificates, beneficiary certificates of investment trusts and other trusts, investment securities, certain promissory notes, mortgage securities, option certificates and depositary receipts, foreign instruments of the same nature, and other instruments a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (1)· applies throughout the law
financial instruments business
「金融商品取引業」
Carrying on as a business any of the acts listed in Article 2, paragraph (8) — such as trading and brokering securities and derivatives, underwriting, handling public offerings and private placements, giving investment advice, managing investments and holding customers' money or securities — other than acts a Cabinet Order (政令) excludes as posing no risk to investor protection, and certain of those acts when banks, cooperative financial institutions (協同組織金融機関) and other financial institutions a Cabinet Order specifies carry them out.
Defined inArticle 2, paragraph (8)· applies throughout the law
financial instruments market
「金融商品市場」
A market for buying and selling securities or for market derivatives transactions (市場デリバティブ取引), other than one dealing only in commodity-related market derivatives transactions (商品関連市場デリバティブ取引).
Defined inArticle 2, paragraph (14)· applies throughout the law
market derivatives transactions
「市場デリバティブ取引」
A transaction listed in Article 2, paragraph (21) — such as futures, index and option transactions on financial instruments or financial indicators — carried out on a financial instruments market under the standards and methods set by the person that operates that market.
Defined inArticle 2, paragraph (21)· applies throughout the law
entrusting financial instruments exchange
「委託金融商品取引所」
A financial instruments exchange (金融商品取引所) that has entrusted its self-regulatory work (自主規制業務) to a self-regulatory organization (自主規制法人).
Defined inArticle 102-19, paragraph (1)· applies only in this chapter
board
「理事会」
In Chapter V, Section 2, Subsection 1-2, the board of a self-regulatory organization (自主規制法人).
Short name set inArticle 102-27, paragraph (1)· applies only in this subsection