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Article 114Guarantee Funds

第百十四条(信認金)

A member, etc. must deposit guarantee funds with a financial instruments exchange, in accordance with the articles of incorporation (or the operational rules, if this is an incorporated financial instruments exchange; hereinafter the same applies in the following paragraph and paragraph (3) of this Article, paragraph (1) of the following Article (including as applied mutatis mutandis pursuant to Article 119, paragraph (6)), Article 116, paragraph (1) (including as applied mutatis mutandis pursuant to Article 132), and Article 119, paragraph (1)).

会員等は、定款(株式会社金融商品取引所にあつては、業務規程。次項、第三項、次条第一項(第百十九条第六項において準用する場合を含む。)、第百十六条第一項(第百三十二条において準用する場合を含む。)及び第百十九条第一項において同じ。)の定めるところにより、金融商品取引所に対し、信認金を預託しなければならない。

Securities may serve as guarantee funds, pursuant to the provisions of the articles of incorporation.

信認金は、定款の定めるところにより、有価証券をもつて充てることができる。

A financial instruments exchange must specify how guarantee funds are managed in its articles of incorporation.

金融商品取引所は、その定款において、信認金の運用方法を定めなければならない。

A person that entrusts a member, etc. with the purchase and sale of securities or a market derivatives transaction on a financial instruments exchange market has the right to receive payment of a claim arising due to that entrustment out of the guarantee funds of that member, etc., in preference over other creditors.

会員等に対して取引所金融商品市場における有価証券の売買又は市場デリバティブ取引の委託をした者は、その委託により生じた債権に関し、当該会員等の信認金について、他の債権者に先立ち弁済を受ける権利を有する。

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