# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の二十一 (Article 156-21)

- 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: 第百五十六条の二十一 (Article 156-21)（有価証券等清算取次ぎについての適用） — address `art-156-21`
- 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-156-21
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-21
- 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.

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### 第百五十六条の二十一（有価証券等清算取次ぎについての適用） — (Application to Brokerage for Clearing of Securities)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-156-21 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-21 · https://japanlaw.org/l/323AC0000000025/art-156-21</sup>

  **第一項**  有価証券等清算取次ぎについては、有価証券等清算取次ぎを委託した顧客を当該有価証券等清算取次ぎに係る対象取引を行う者とみなして、第百十六条（第百三十二条において準用する場合を含む。）及び第百十九条第一項から第三項までの規定を適用する。
  <sup>art-156-21/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-21/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-21/par-1</sup>
  In brokerage for clearing of securities, etc., the customer that entrusts a person with brokerage for clearing of securities, etc. is deemed to be the person conducting the subject transaction that is connected with the brokerage for clearing of securities, etc., and the provisions of Article 116 (including as applied mutatis mutandis pursuant to Article 132) and Article 119, paragraphs (1) through (3) apply.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  市場デリバティブ取引に係る有価証券等清算取次ぎの委託の取次ぎについては、有価証券等清算取次ぎを委託した顧客を当該市場デリバティブ取引の取次ぎを行う者とみなして、第百十九条第一項から第三項までの規定を適用する。
  <sup>art-156-21/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-21/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-21/par-2</sup>
  In the brokerage of a person's entrustment with brokerage for clearing of securities, etc. in connection with a market derivatives transaction, the customer that entrusts a person with the brokerage for clearing of securities, etc. is deemed to be the person conducting the brokerage for the market derivatives transaction, and the provisions of Article 119, paragraphs (1) through (3) apply.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-156-21/par-1: 第百十六条 → 金融商品取引法 第百十六条 (Article 116), art-116 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-116 · https://japanlaw.org/l/323AC0000000025/art-116
- art-156-21/par-1: 第百三十二条 → 金融商品取引法 第百三十二条 (Article 132), art-132 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-132 · https://japanlaw.org/l/323AC0000000025/art-132
- art-156-21/par-1: 第百十九条第一項から第三項まで → 金融商品取引法 第百十九条第一項 (Article 119, paragraph (1)), art-119/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119/par-1 · https://japanlaw.org/l/323AC0000000025/art-119/par-1
- art-156-21/par-1: 第百十九条第一項から第三項まで → 金融商品取引法 第百十九条第二項 (Article 119, paragraph (2)), art-119/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119/par-2 · https://japanlaw.org/l/323AC0000000025/art-119/par-2
- art-156-21/par-1: 第百十九条第一項から第三項まで → 金融商品取引法 第百十九条第三項 (Article 119, paragraph (3)), art-119/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119/par-3 · https://japanlaw.org/l/323AC0000000025/art-119/par-3
- art-156-21/par-2: 第百十九条第一項から第三項まで → 金融商品取引法 第百十九条第一項 (Article 119, paragraph (1)), art-119/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119/par-1 · https://japanlaw.org/l/323AC0000000025/art-119/par-1
- art-156-21/par-2: 第百十九条第一項から第三項まで → 金融商品取引法 第百十九条第二項 (Article 119, paragraph (2)), art-119/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119/par-2 · https://japanlaw.org/l/323AC0000000025/art-119/par-2
- art-156-21/par-2: 第百十九条第一項から第三項まで → 金融商品取引法 第百十九条第三項 (Article 119, paragraph (3)), art-119/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119/par-3 · https://japanlaw.org/l/323AC0000000025/art-119/par-3

## Cited by

1 provision cites this one. No official source publishes this direction.

- 金融商品取引法 第百五十六条の二十二第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-22/par-1

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## Sources

- 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 — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
