# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十二条 (Article 152) - Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号 - English title "Financial Instruments and Exchange Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第百五十二条 (Article 152)（金融商品取引所に対する監督上の処分） — address `art-152` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-152 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第百五十二条（金融商品取引所に対する監督上の処分） — (Supervisory Dispositions for Financial Instruments Exchanges) caption: Ministry of Justice translation — Japanese Law Translation Database System art-152 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152 · https://japanlaw.org/l/323AC0000000025/art-152 **第一項** 内閣総理大臣は、金融商品取引所が次の各号のいずれかに該当する場合において、公益又は投資者保護のため必要かつ適当であると認めるときは、当該各号に定める処分をすることができる。 art-152/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1 · https://japanlaw.org/l/323AC0000000025/art-152/par-1 If a financial instruments exchange falls under a case specified in any of the following items and the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may issue a disposition provided for in each of those items: Ministry of Justice translation — Japanese Law Translation Database System **一** 法令、法令に基づく行政官庁の処分、第八十七条の二第一項ただし書若しくは第八十七条の三第一項ただし書の認可に付した条件若しくは定款その他の規則に違反したとき、又は会員等若しくは当該金融商品取引所に上場されている有価証券の発行者が法令、法令に基づく行政官庁の処分若しくは当該金融商品取引所の定款、業務規程、受託契約準則その他の規則（以下この号において「法令等」という。）に違反し、若しくは定款その他の規則に定める取引の信義則に背反する行為をしたにもかかわらず、これらの者に対し法令等若しくは当該取引の信義則を遵守させるために、この法律、この法律に基づく命令若しくは定款その他の規則により認められた権能を行使せずその他必要な措置をとることを怠つたとき　第八十条第一項の免許を取り消し、一年以内の期間を定めてその業務の全部若しくは一部の停止を命じ、その業務の変更若しくはその業務の一部の禁止を命じ、その役員の解任を命じ、又は定款その他の規則に定める必要な措置をとることを命ずること。 art-152/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-1 if it violates a law or regulation, a disposition by a government agency which is based on a law or regulation, a condition attached to the authorization referred to in the proviso to Article 87-2, paragraph (1) or in the proviso to Article 87-3, paragraph (1), or the articles of incorporation or any other rules; or, even though a member, etc. or an issuer of securities listed by a financial instruments exchange has violated a law or regulation, a disposition by a government agency which is based on a law or regulation, or the financial instruments exchange's articles of incorporation, operational rules, brokerage contract rules, or any other rules (hereinafter referred to as "laws and regulations, etc." in this item), or has engaged in an act that is contrary to the principle of good faith in transactions as specified in the articles of incorporation or any other rules, the financial instruments exchange fails to exercise the powers accorded it under this Act, an order based on this Act, or its articles of incorporation or any other rules, or to take any other necessary measures to cause the person to observe the laws and regulations, etc. or the principle of good faith in transactions:rescinding the license referred to in Article 80, paragraph (1), ordering the suspension of all or part of the business during a fixed period of no longer than one year, ordering a change in its business activities, issuing an order prohibiting performance of part of its business, ordering the dismissal of its officers, or ordering the financial instruments exchange to take the necessary measures specified in the articles of incorporation or any other rules; Ministry of Justice translation with a slip corrected by this site — not the Ministry's text; the Ministry printed: "if it violates a law or regulation, a disposition by a government agency which is based on a law or regulation, a condition attached to the authorization referred to in the proviso to Article 87-2, paragraph (1) or in the proviso to Article 87-3, paragraph (1), or the articles of incorporation or any other rules; or, even though a ember, etc. or an issuer of securities listed by a financial instruments exchange has violated a law or regulation, a disposition by a government agency which is based on a law or regulation, or the financial instruments exchange's articles of incorporation, operational rules, brokerage contract rules, or any other rules (hereinafter referred to as "laws and regulations, etc." in this item), or has engaged in an act that is contrary to the principle of good faith in transactions as specified in the articles of incorporation or any other rules, the financial instruments exchange fails to exercise the powers accorded it under this Act, an order based on this Act, or its articles of incorporation or any other rules, or to take any other necessary measures to cause the person to observe the laws and regulations, etc. or the principle of good faith in transactions:rescinding the license referred to in Article 80, paragraph (1), ordering the suspension of all or part of the business during a fixed period of no longer than one year, ordering a change in its business activities, issuing an order prohibiting performance of part of its business, ordering the dismissal of its officers, or ordering the financial instruments exchange to take the necessary measures specified in the articles of incorporation or any other rules;" — https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb **二** 金融商品取引所の行為又はその開設する取引所金融商品市場における有価証券の売買若しくは市場デリバティブ取引の状況が公益又は投資者保護のため有害であると認めるとき　十日以内の期間を定めて取引所金融商品市場における有価証券の売買若しくは市場デリバティブ取引の全部若しくは一部の停止を命じ、又は閣議の決定を経て、三月以内の期間を定めてその業務の全部若しくは一部の停止を命ずること。 art-152/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-2 if the conduct of the financial instruments exchange, or the status of purchase and sales of securities or market derivatives transactions on a financial instruments exchange market operated by the financial instruments exchange, is found to be harmful to the public interest or to the protection of investors:ordering the suspension of all or a part of purchase and sales of securities or market derivatives transactions on the financial instruments exchange market during a fixed period of no longer than 10 days, or, subject to a cabinet decision, ordering the suspension of all or a part of its business during a fixed period of no longer than three months; Ministry of Justice translation — Japanese Law Translation Database System **三** 第八十七条の二第一項ただし書の規定により認可を受けて行う業務が当該金融商品取引所の業務の公共性に対する信頼を損なうおそれ若しくは金融商品市場開設等業務（取引所金融商品市場の開設及びこれに附帯する業務をいう。次号において同じ。）の健全かつ適切な運営を損なうおそれがあると認めるとき、又は同項ただし書の認可に付した条件に違反したとき　同項ただし書の認可を取り消すこと。 art-152/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-3 if the business it conducts after obtaining authorization pursuant to the proviso to Article 87-2, paragraph (1) is found likely to impair confidence in the public nature of the business of a financial instruments exchange or likely to impair the sound and appropriate operation in the business of operating, etc. a financial instruments market (meaning the operation of a financial instruments exchange market and business incidental thereto; the same applies in the following item), or the financial instruments exchange violates the conditions attached to the authorization referred to in the proviso to that paragraph:rescinding the authorization referred to in the proviso to that paragraph; or machine translation, not official **四** 第八十七条の三第一項ただし書の規定により認可を受けて保有する子会社の行為が当該金融商品取引所の業務の公共性に対する信頼を損なうおそれ若しくは当該金融商品取引所の金融商品市場開設等業務の健全かつ適切な運営を損なうおそれがあると認めるとき、又は同項ただし書の認可に付した条件に違反したとき　同項ただし書の認可を取り消すこと。 art-152/par-1/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-4 if the act of its subsidiary company that has obtained the authorization pursuant to the proviso to Article 87-3, paragraph (1) is found likely to impair confidence in the public nature of the business of the financial instruments exchange or likely to impair the sound and appropriate operation in the financial instruments exchange's business of operating, etc. a financial instruments market, or the subsidiary company violates the conditions attached to the authorization referred to in the proviso to that paragraph:rescinding the authorization referred to in the proviso to that paragraph. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 内閣総理大臣は、前項第一号の規定により業務の全部若しくは一部の停止、業務の変更若しくは業務の一部の禁止を命じ、又は定款その他の規則に定める必要な措置をとることを命じようとするときは、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。 art-152/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-2 · https://japanlaw.org/l/323AC0000000025/art-152/par-2 Irrespective of the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, before seeking to order the suspension of all or part of the business, to order a change in the business, to issue an order prohibiting performance of part of the business, or to issue an order to take any necessary measures that are specified in the articles of incorporation or any other rules pursuant to item (i) of the preceding paragraph, the Prime Minister must conduct a hearing. Ministry of Justice translation — Japanese Law Translation Database System **第三項** 第一項第二号の規定による処分については、審査請求をすることができない。 art-152/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-3 · https://japanlaw.org/l/323AC0000000025/art-152/par-3 No request for review may be filed against a disposition under the provisions of paragraph (1), item (ii) of this Article. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-152/par-1/item-1: 第八十七条の二第一項 → 金融商品取引法 第八十七条の二第一項 (Article 87-2, paragraph (1)), art-87-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-87-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-87-2/par-1 - art-152/par-1/item-1: 第八十七条の三第一項 → 金融商品取引法 第八十七条の三第一項 (Article 87-3, paragraph (1)), art-87-3/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-87-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-87-3/par-1 - art-152/par-1/item-1: この号 → 金融商品取引法 第百五十二条第一項第一号 (Article 152, paragraph (1), item (i)), art-152/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-1 - art-152/par-1/item-1: 第八十条第一項 → 金融商品取引法 第八十条第一項 (Article 80, paragraph (1)), art-80/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-80/par-1 · https://japanlaw.org/l/323AC0000000025/art-80/par-1 - art-152/par-1/item-3: 第八十七条の二第一項 → 金融商品取引法 第八十七条の二第一項 (Article 87-2, paragraph (1)), art-87-2/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-87-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-87-2/par-1 - art-152/par-1/item-3: 次号 → 金融商品取引法 第百五十二条第一項第四号 (Article 152, paragraph (1), item (iv)), art-152/par-1/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-4 - art-152/par-1/item-3: 同項 → 金融商品取引法 第百五十二条第一項 (Article 152, paragraph (1)), art-152/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1 · https://japanlaw.org/l/323AC0000000025/art-152/par-1 - art-152/par-1/item-4: 第八十七条の三第一項 → 金融商品取引法 第八十七条の三第一項 (Article 87-3, paragraph (1)), art-87-3/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-87-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-87-3/par-1 - art-152/par-2: 前項第一号 → 金融商品取引法 第百五十二条第一項第一号 (Article 152, paragraph (1), item (i)), art-152/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-1 - art-152/par-2: 行政手続法第十三条第一項 → 行政手続法 第十三条第一項 (Article 13, paragraph (1)), art-13/par-1 — https://japanlaw.org/en/administrative-procedure-act/art-13/par-1 · https://japanlaw.org/l/405AC0000000088/art-13/par-1 - art-152/par-3: 第一項第二号 → 金融商品取引法 第百五十二条第一項第二号 (Article 152, paragraph (1), item (ii)), art-152/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-2 ## Cited by 26 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第八十二条第二項第二号（免許審査基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-82/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-82/par-2/item-2 - 金融商品取引法 第八十二条第二項第三号ロ（免許審査基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-82/par-2/item-3/sub-2 · https://japanlaw.org/l/323AC0000000025/art-82/par-2/item-3/sub-2 - 金融商品取引法 第八十二条第二項第三号ホ（免許審査基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-82/par-2/item-3/sub-5 · https://japanlaw.org/l/323AC0000000025/art-82/par-2/item-3/sub-5 - 金融商品取引法 第百二条の十六第二項（認可の基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-102-16/par-2 · https://japanlaw.org/l/323AC0000000025/art-102-16/par-2 - 金融商品取引法 第百六条の十二第二項第三号（認可審査基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-106-12/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-106-12/par-2/item-3 - 金融商品取引法 第百五十二条第一項第一号（金融商品取引所に対する監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-1 - 金融商品取引法 第百五十二条第一項第三号（金融商品取引所に対する監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-152/par-1/item-3 - 金融商品取引法 第百五十二条第二項（金融商品取引所に対する監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-2 · https://japanlaw.org/l/323AC0000000025/art-152/par-2 - 金融商品取引法 第百五十二条第三項（金融商品取引所に対する監督上の処分） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-152/par-3 · https://japanlaw.org/l/323AC0000000025/art-152/par-3 - 金融商品取引法 第百五十三条の四第一項（自主規制法人に対する監督規定の適用） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-153-4/par-1 · https://japanlaw.org/l/323AC0000000025/art-153-4/par-1 - 金融商品取引法 第百五十四条の二第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-154-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-154-2/par-1 - 金融商品取引法 第百五十六条の四第二項第三号（免許審査基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-4/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-156-4/par-2/item-3 - 金融商品取引法 第百五十六条の二十五第二項第四号（免許審査基準） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-25/par-2/item-4 · https://japanlaw.org/l/323AC0000000025/art-156-25/par-2/item-4 - 金融商品取引法 第百九十四条の三第一項第八号（財務大臣への協議） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-3/par-1/item-8 · https://japanlaw.org/l/323AC0000000025/art-194-3/par-1/item-8 - 金融商品取引法 第百九十四条の三第一項第九号（財務大臣への協議） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-3/par-1/item-9 · https://japanlaw.org/l/323AC0000000025/art-194-3/par-1/item-9 - 金融商品取引法 第百九十四条の三第一項第十号（財務大臣への協議） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-3/par-1/item-10 · https://japanlaw.org/l/323AC0000000025/art-194-3/par-1/item-10 - 金融商品取引法 第百九十四条の四第一項第二十八号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-28 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-28 - 金融商品取引法 第百九十四条の四第一項第三十号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-30 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-30 - 金融商品取引法 第百九十四条の四第一項第三十一号（財務大臣への通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-4/par-1/item-31 · https://japanlaw.org/l/323AC0000000025/art-194-4/par-1/item-31 - 金融商品取引法 第百九十四条の六の二第一項第二号ハ（商品市場所管大臣への協議等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-6-2/par-1/item-2/sub-3 · https://japanlaw.org/l/323AC0000000025/art-194-6-2/par-1/item-2/sub-3 - 金融商品取引法 第百九十四条の六の二第一項第二号ニ（商品市場所管大臣への協議等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-6-2/par-1/item-2/sub-4 · https://japanlaw.org/l/323AC0000000025/art-194-6-2/par-1/item-2/sub-4 - 金融商品取引法 第百九十四条の六の三第一項第四号（商品市場所管大臣への事前通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-6-3/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-194-6-3/par-1/item-4 - 金融商品取引法 第百九十四条の六の三第一項第五号（商品市場所管大臣への事前通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-6-3/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-194-6-3/par-1/item-5 - 金融商品取引法 第百九十四条の六の三第一項第六号（商品市場所管大臣への事前通知） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-194-6-3/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-194-6-3/par-1/item-6 - 金融商品取引法 第百九十八条の五第一項第三号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-198-5/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-198-5/par-1/item-3 - 金融商品取引法 附則第百条第三項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-100/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-100/par-3 --- ## Sources - claude-opus-5-5 — Corrections to the Ministry of Justice's English of paragraphs, written 2026-10-23 - e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act (金融商品取引法), Article 152, paragraph (1), item (i) — the Ministry of Justice's English as printed (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22 - claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T033157-017, translated 2026-10-23 - This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22