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Supplementary Provisions, Article 3

第三条

A person that is actually engaged in high-speed trading at the time this Act comes into effect (excluding a financial instruments business operator, etc. prescribed in Article 66-50 of the New Act and an authorized firm for on-exchange transactions) may continue to engage in high-speed trading even without obtaining the registration under that Article, until the day on which six months have passed from the effective date (or, where the person has applied for the registration under that Article within that period, until the registration or the disposition refusing it).

この法律の施行の際現に高速取引行為を行っている者(新法第六十六条の五十に規定する金融商品取引業者等及び取引所取引許可業者を除く。)は、施行日から起算して六月を経過する日までの間(その者が当該期間内に同条の登録の申請をした場合には、当該登録又はその拒否の処分までの間)は、同条の登録を受けないでも、引き続き、高速取引行為を行うことができる。

With regard to the application of Article 38, item (viii) of the New Act to a person that engages in high-speed trading pursuant to the provisions of the preceding paragraph, that person is deemed to be a high-speed trader prescribed in that item.

前項の規定により高速取引行為を行う者についての新法第三十八条第八号の規定の適用については、その者は、同号に規定する高速取引行為者とみなす。

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