Article 78Certification of Certified Financial Instruments Business Associations

一its aim is to ensure fair and smooth purchase and sales and other transactions of securities and to ensure fair and smooth derivatives transactions, etc., as well as contributing to the sound development of the financial instruments business and to the protection of investors;

二its articles of incorporation stipulate that its members be financial instruments business operators;

三it has established the necessary methods of business implementation for it to perform the services prescribed in the following paragraph properly and reliably; and

四it has the necessary knowledge, ability, and financial basis for performing the services prescribed in the following paragraph properly and reliably.

一providing its members and financial instruments intermediary service providers (limited to those whose entrusting financial instruments business operators, etc. are its members; hereinafter the same applies in this Section) with guidance, recommendations, and other services in order to have them comply the provisions of this Act and other laws and regulations while operating in financial instruments business;

三investigating members' and financial instruments intermediary service providers' compliance with this Act, orders that are based on this Act, dispositions that are based on this Act or on such orders, the articles of incorporation and other rules, and the principle of good faith in transactions;

四resolving complaints filed by investors with regard to the financial instruments business in which its members and financial instruments intermediary service providers operate;

五resolving disputes arisen from the financial instruments business in which its members and financial instruments intermediary service providers operate;

六carrying out the registration work that is done pursuant to Article 64-7, paragraph (1) (including as applied mutatis mutandis pursuant to Article 66-25) or Article 64-7, paragraph (2);

七establishing the necessary rules and providing other services for ensuring propriety in its members' and financial instruments intermediary service providers' solicitation in respect of purchase and sales and other transactions of securities;

八conducting public relations aimed at investors and providing other services that are necessary for the certified financial instruments business association to achieve its purpose; and

九services beyond what is set forth in the preceding items, which contribute to the sound development of the financial instruments business and to the protection of investors.