If a high-speed trader comes to fall under any of the following items, it must notify the Prime Minister of this without delay:

①If a high-speed trader comes to fall under any of the following items, the person specified in that item must notify the Prime Minister of this within 30 days from the day in question:

②If a high-speed trader comes to fall under any of the items of the preceding paragraph, obtains the registration referred to in Article 29 or 33-2, the registration of change referred to in Article 31, paragraph (4), or the permission referred to in Article 60, paragraph (1) by stating the particulars set forth in Article 29-2, paragraph (1), item (vii), (a) or (b), Article 33-3, paragraph (1), item (vi), (a), or Article 60-2, paragraph (1), item (iv), (a) in the written application for registration or the written application for permission, or makes a notification under Article 31, paragraph (1), Article 33-6, paragraph (1), or Article 60-5, paragraph (1) by stating the particulars set forth in Article 29-2, paragraph (1), item (vii), (a), Article 33-3, paragraph (1), item (vi), (a), or Article 60-2, paragraph (1), item (iv), (a), the registration referred to in Article 66-50 of the high-speed trader ceases to be effective.

If the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors as concerns the state of a high-speed trader's business operations or assets, the Prime Minister may, to the extent necessary, order the high-speed trader to change its business methods or order it to take other measures that are necessary for improving the state of its business operations or assets.

①If a high-speed trader falls under any of the following items, the Prime Minister may rescind its registration referred to in Article 66-50 or order the suspension of all or part of the business during a fixed period of no longer than six months:

②If an officer of a high-speed trader (for a foreign corporation, this is limited to an officer stationed at its domestic business office or office and its domestic representative; hereinafter the same applies in this paragraph) comes to fall under any of the categories in Article 66-53, item (v), (a), 1. or 2., is discovered to have fallen under any of the categories in (a), 1. or 2. of that item at the time of the registration referred to in Article 66-50, or comes to fall under item (iii) or (v) of the preceding paragraph, the Prime Minister may order the high-speed trader to dismiss that officer.

③If the Prime Minister is unable to ascertain the location of the business offices or offices of a high-speed trader or is unable to ascertain the whereabouts of a high-speed trader (in the case of a corporation, the whereabouts of the officer representing the corporation), the Prime Minister, pursuant to the provisions of Cabinet Office Order, may issue public notice of that fact and rescind the registration of the high-speed trader if no filing is made by the high-speed trader even after 30 days past the day of the public notice.

④The provisions of Chapter III of the Administrative Procedure Act do not apply to a disposition under the preceding paragraph.

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.

If the Prime Minister rescinds the registration referred to in Article 66-50 pursuant to the provisions of Article 66-63, paragraph (1) or (3) or the preceding Article or orders the suspension of all or part of the business pursuant to Article 66-63, paragraph (1), the Prime Minister must issue public notice of this pursuant to the provisions of Cabinet Office Order.

If the registration referred to in Article 66-50 ceases to be effective pursuant to the provisions of Article 66-61, paragraph (2) or the Prime Minister rescinds the registration referred to in Article 66-50 pursuant to the provisions of Article 66-63, paragraph (1) or (3) or Article 66-64, the Prime Minister must delete that registration.

When the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order a high-speed trader, a person that conducts transactions with a high-speed trader, or the person that a high-speed trader has entrusted with its business (including a person that has received entrustment from the person (including entrustment at two or more degrees of separation from the original entrustment); hereinafter the same applies in this paragraph) to submit reports or materials that should serve as a reference with regard to the business or assets of the high-speed trader, or may have the relevant officials inspect the state of the business or assets, or the books, documents, and any other articles, of the high-speed trader or the person that the high-speed trader has entrusted with its business (but may only have the relevant officials inspect the person that the high-speed trader has entrusted with its business as is necessary in connection with the business or assets of the high-speed trader).

With regard to the application of Article 66-59 to the case in which a high-speed trader is a foreign corporation or an individual domiciled in a foreign country, the term "within three months" in that Article is deemed to be replaced with "within the period specified by Cabinet Order", and the technical replacement of the terms in the application of the provisions of this Act to the case in which a high-speed trader is a foreign corporation or an individual domiciled in a foreign country and necessary particulars otherwise relevant in the application of the provisions of this Act to the foreign corporation or individual are specified by Cabinet Order.

The provisions of Article 57, paragraphs (1) and (3) apply mutatis mutandis to the registration referred to in Article 66-50, and the provisions of Article 57, paragraphs (2) and (3) and Article 65-6 apply mutatis mutandis to a high-speed trader. In such a case, the necessary technical replacement of terms is specified by Cabinet Order.

The procedures for implementing the provisions of Article 66-50 through the preceding Article and other necessary particulars for the implementation are specified by Cabinet Office Order.