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Article 80Licensing

第八十条(免許)

With the exception of an authorized financial instruments firms Association, a person must not operate a financial instruments market unless it is licensed by the Prime Minister.

金融商品市場は、認可金融商品取引業協会を除き、内閣総理大臣の免許を受けた者でなければ、開設してはならない。

The provisions of the preceding paragraph do not apply if a financial instruments business operator, etc. or a financial instruments intermediary service provider, or a financial service intermediary conducts a purchase and sale of securities or a market derivatives transaction (other than a transaction conducted outside a financial instruments exchange market), or intermediation, brokerage, or agency for the transactions pursuant to the provisions of this Act or the Act on the Provision of Financial Services and the Development of the Accessible Environment Thereto.

前項の規定は、金融商品取引業者等若しくは金融商品仲介業者又は金融サービス仲介業者が、この法律又は金融サービスの提供及び利用環境の整備等に関する法律の定めるところに従つて有価証券の売買若しくは市場デリバティブ取引(取引所金融商品市場によらないで行われるものを除く。)又はこれらの取引の媒介、取次ぎ若しくは代理を行う場合には、適用しない。

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