Article 66-64Rescission of Registration Due to Non-Commencement or Suspension of Business
第六十六条の六十四(業務の不開始又は休止に基づく登録の取消し)
If, without legitimate grounds for doing so, a high-speed trader does not commence business within three months of the day on which it is permitted to begin engaging in services related to high-speed trading or suspends business for three months or more continually, the Prime Minister may rescind the registration referred to in Article 66-50 of that high-speed trader.
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(Registration)
A person other than a financial instruments business operator, etc. and authorized firm for on-exchange transactions…
金融商品取引業者等及び取引所取引許可業者(金融商品取引業若しくは登録金融機関業務又は取引所取引業務として高速取引行為を行い、又は行おうとする者に限る。)以外の者は、高速取引行為を行おうとするときは、内閣総理大臣の登録を受けなければならない。
Open this provisionhigh-speed trading
「高速取引行為」
Buying and selling securities or conducting market derivatives transactions, entrusting either to another, or a similar act a Cabinet Order (政令) specifies, where the decision to do it is made automatically by an electronic data processing system and the information needed to carry it out is sent to a financial instruments exchange or other recipient a Cabinet Office Order (内閣府令) specifies by a method that Order sets for shortening the time sending it would normally take, other than acts a Cabinet Order exempts as posing no risk to the protection of investors.
Defined inArticle 2, paragraph (41)· applies throughout the law
high-speed trader
「高速取引行為者」
A person registered by the Prime Minister (内閣総理大臣) under Article 66-50 to carry on high-speed trading (高速取引行為).
Defined inArticle 2, paragraph (42)· applies throughout the law
Prime Minister
内閣総理大臣
The head of the Cabinet. Designated by the Diet from among its own members, and appointed by the Emperor on that designation (Articles 67 and 6). The Prime Minister appoints and may dismiss the other Ministers of State at will, and a majority of them must be members of the Diet (Article 68). No Minister of State can be subjected to legal action while in office without the Prime Minister's consent (Article 75).
Written by AI using Constitution, Arts. 6, 67, 68, 75 and Wikipedia: Prime Minister of Japan as a reference.