In the case of a violation of the provisions of Article 38-2 or Article 39, paragraph (1) (including as applied mutatis mutandis pursuant to Article 66-15); Article 41-2, item (ii) or (v); or Article 42-2, item (i), (iii), or (vi) (in the case of violation of Article 38-2, item (i), excluding the case in which the violation has been committed in connection with an investment management business), the representative, agent, employee, or any other worker of a financial instruments business operator or financial instruments intermediary service provider that has committed the violation, or the financial instruments business operator or financial instruments intermediary service provider that has committed the violation, is subject to imprisonment for not more than three years, a fine of not more than three million yen, or both.
第三十八条の二若しくは第三十九条第一項(これらの規定を第六十六条の十五において準用する場合を含む。)、第四十一条の二第二号若しくは第五号又は第四十二条の二第一号、第三号若しくは第六号の規定に違反した場合(第三十八条の二第一号の規定に違反した場合にあつては、当該違反が投資運用業に関して行われたものである場合を除く。)においては、その行為をした金融商品取引業者等若しくは金融商品仲介業者の代表者、代理人、使用人その他の従業者又は金融商品取引業者若しくは金融商品仲介業者は、三年以下の拘禁刑若しくは三百万円以下の罰金に処し、又はこれを併科する。
Read this with the articles around it
A financial instruments business operator, etc. must not engage in any of the following acts in connection with the investment advisory and agency business or investment management business it…
金融商品取引業者等は、その行う投資助言・代理業又は投資運用業に関して、次に掲げる行為をしてはならない。
Open this provisionusing fraudulent means, committing assault, or using intimidation in connection with the conclusion or cancellation of an investment advisory contract, discretionary investment contract…
投資顧問契約、投資一任契約若しくは第二条第八項第十二号イに掲げる契約の締結又は解約に関し、偽計を用い、又は暴行若しくは脅迫をする行為
Open this provision(Prohibition on Compensation of Loss)
A financial instruments business operator, etc. must not engage in any of the following acts:
金融商品取引業者等は、次に掲げる行為をしてはならない。
Open this provision(Prohibited Actions)
giving advice regarding a particular financial instrument, financial index, or option for which there is no justifiable basis, with the aim of using fluctuations in the price, indicator, figure…
特定の金融商品、金融指標又はオプションに関し、顧客の取引に基づく価格、指標、数値又は対価の額の変動を利用して自己又は当該顧客以外の第三者の利益を図る目的をもつて、正当な根拠を有しない助言を行うこと。
Open this provision(Prohibited Actions)
providing an economic benefit to a customer or a third party or having a third party provide an economic benefit to a customer, in order to cover the whole or part of a loss incurred by the customer…
その助言を受けた取引により生じた顧客の損失の全部又は一部を補てんし、又はその助言を受けた取引により生じた顧客の利益に追加するため、当該顧客又は第三者に対し、財産上の利益を提供し、又は第三者に提供させること(事故による損失の全部又は一部を補てんする場合を除く。)。
Open this provision(Prohibited Actions)
making an investment that involves a transaction with the financial instruments business operator, etc. or its director or executive officer;
自己又はその取締役若しくは執行役との間における取引を行うことを内容とした運用を行うこと。
Open this provision(Prohibited Actions)
making an investment in a particular financial instrument, financial index, or option, which involves a transaction being conducted for which there is no justifiable basis…
特定の金融商品、金融指標又はオプションに関し、取引に基づく価格、指標、数値又は対価の額の変動を利用して自己又は権利者以外の第三者の利益を図る目的をもつて、正当な根拠を有しない取引を行うことを内容とした運用を行うこと。
Open this provision(Prohibited Actions)
providing an economic benefit to a rights holder or a third party or having a third party provide an economic benefit to a rights holder or third party…
運用財産の運用として行つた取引により生じた権利者の損失の全部若しくは一部を補塡し、又は運用財産の運用として行つた取引により生じた権利者の利益に追加するため、当該権利者又は第三者に対し、財産上の利益を提供し…
Open this provision(Application Mutatis Mutandis of Provisions on Financial Instruments Business Operators in Relation to the Prohibition of Compensation for Losses)
The provisions of Article 38-2, Article 39, paragraphs (1), (3), (4), and (7), Article 40, and Article 43-6 apply mutatis mutandis to a financial instruments intermediary service provider…
第三十八条の二、第三十九条第一項、第三項、第四項及び第七項、第四十条並びに第四十三条の六の規定は金融商品仲介業者について、第三十九条第二項、第五項及び第六項の規定は金融商品仲介業者の顧客について、それぞれ準用する。
Open this provisionfinancial instruments business operator
「金融商品取引業者」
A person registered by the Prime Minister under Article 29 to carry on financial instruments business (金融商品取引業).
Defined inArticle 2, paragraph (9)· applies throughout the law
financial instruments intermediary service provider
「金融商品仲介業者」
A person registered by the Prime Minister under Article 66 to carry on financial instruments intermediary service (金融商品仲介業).
Defined inArticle 2, paragraph (12)· applies throughout the law
financial instruments business operator, etc.machine translation
「金融商品取引業者等」
A financial instruments business operator (金融商品取引業者) or a registered financial institution (登録金融機関).
Defined inArticle 34, paragraph (1)
investment management business
「投資運用業」
Investment management business as defined in Article 28, paragraph (4): the part of financial instruments business (金融商品取引業) that consists in carrying on as a business the acts in Article 2, paragraph (8), items (xii), (xiv) and (xv) — managing money or other property, on investment decisions (投資判断) based on an analysis of the value, etc. of financial instruments, as an investment in securities or in rights under derivatives transactions, whether under a discretionary investment contract (投資一任契約) or an asset management contract with a registered investment corporation (登録投資法人), or for the holders of the rights items (xiv) and (xv) list who contributed it — including where a bank, a cooperative financial institution or another financial institution a Cabinet Order (政令) specifies carries them on.
Defined inArticle 197-3, paragraph (1)· applies only in this chapter
fine
罰金
A criminal punishment of paying money to the state, of 10,000 yen or more, or less where it is reduced (Penal Code, Article 15). It ranks below imprisonment (拘禁刑) and above penal detention (拘留) and a petty fine (科料) (Articles 9 and 10, paragraph (1)). A person who cannot pay it in full is held in a workhouse (労役場) for one day to two years, or up to three years where fines are imposed together, a period set when the sentence is passed (Article 18, paragraphs (1), (3) and (4)); not within thirty days of the sentence becoming final without the person's consent (paragraph (5)). If it is not enforced for three years after the sentence becomes final, the person is released from it by prescription (Articles 31 and 32, item (v)); the three years do not run while its execution is suspended under law or the person is abroad, and an act of execution interrupts them (Articles 33 and 34, paragraph (2)).
Written by AI using Penal Code, Arts. 9, 10, 15, 18, 31 to 34 as a reference.
imprisonment
拘禁刑
The punishment of being held in a penal institution (刑事施設), for life or for a fixed term of one month to twenty years (Penal Code, Article 12, paragraphs (1) and (2)); a fixed term can be raised to thirty years where the punishment is aggravated, or cut below one month where it is reduced (Article 14, paragraph (2)). To help the person reform and rehabilitate, they may be made to do work or given guidance (Article 12, paragraph (3)). It ranks below the death penalty and above a fine (罰金) among the principal punishments (Articles 9 and 10, paragraph (1)). It replaced imprisonment with work (懲役) and imprisonment without work (禁錮) when the Act Partially Amending the Penal Code, etc. (Act No. 67 of 2022) came into force (Act No. 67 of 2022, Article 2), and a person sentenced to either is treated, for the rules on a person's qualifications, as sentenced to imprisonment for the same term (Act No. 68 of 2022, Article 443, paragraph (1)).
Written by AI using Penal Code, Arts. 9, 10, 12, 14, Act No. 67 of 2022, Art. 2 and Act No. 68 of 2022, Art. 443 as a reference.