# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十九条 (Article 159)

- 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: 第百五十九条 (Article 159)（相場操縦行為等の禁止） — address `art-159`
- 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-159
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-159
- 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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### 第百五十九条（相場操縦行為等の禁止） — (Prohibition on Market Manipulation)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-159 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159 · https://japanlaw.org/l/323AC0000000025/art-159</sup>

**第一項**  何人も、有価証券の売買（金融商品取引所が上場する有価証券、店頭売買有価証券又は取扱有価証券の売買に限る。以下この条において同じ。）、市場デリバティブ取引又は店頭デリバティブ取引（金融商品取引所が上場する金融商品、店頭売買有価証券、取扱有価証券（これらの価格又は利率等に基づき算出される金融指標を含む。）又は金融商品取引所が上場する金融指標に係るものに限る。以下この条において同じ。）のうちいずれかの取引が繁盛に行われていると他人に誤解させる目的その他のこれらの取引の状況に関し他人に誤解を生じさせる目的をもつて、次に掲げる行為をしてはならない。
<sup>art-159/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1 · https://japanlaw.org/l/323AC0000000025/art-159/par-1</sup>
It is prohibited for any person to engage in any of the following acts with the aim of misleading others into believing that purchase and sales of securities (limited to purchase and sales of securities that are listed on a financial instruments exchange, over-the-counter traded securities, or tradable securities; hereinafter the same applies in this Article), market derivatives transactions, or over-the-counter derivatives transactions (limited to those involving financial instruments listed on a financial instruments exchange, over-the-counter traded securities, or tradable securities (including financial indexes calculated based on their prices or interest rates) or financial indexes that are listed on a financial instruments exchange; hereinafter the same applies in this Article) are thriving, or otherwise misleading others about the state of these transactions:
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **一**  権利の移転を目的としない仮装の有価証券の売買、市場デリバティブ取引（第二条第二十一項第一号に掲げる取引に限る。）又は店頭デリバティブ取引（同条第二十二項第一号に掲げる取引に限る。）をすること。
  <sup>art-159/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-1</sup>
  conducting a false purchase and sale of securities, a false market derivatives transaction (limited to one specified in Article 2, paragraph (21), item (i)), or a false over-the-counter derivatives transaction (limited to one specified in Article 2, paragraph (22), item (i)) without the intent to transfer the rights;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  金銭の授受を目的としない仮装の市場デリバティブ取引（第二条第二十一項第二号及び第四号から第五号までに掲げる取引に限る。）又は店頭デリバティブ取引（同条第二十二項第二号、第五号及び第六号に掲げる取引に限る。）をすること。
  <sup>art-159/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-2</sup>
  conducting a false market derivatives transaction (limited to one specified in Article 2, paragraph (21), items (ii) and (iv) through (v)) or a false over-the-counter derivatives transaction (limited to one specified in Article 2, paragraph (22), items (ii), (v) and (vi)) without the intent to pay or receive money;
  <sup>Ministry of Justice translation with a slip corrected by this site — not the Ministry's text; the Ministry printed: "conducting a false market derivatives transaction (limited to one specified in Article 2, paragraph (21), items (ii) and (iv) though (v)) or a false over-the-counter derivatives transaction (limited to one specified in Article 2, paragraph (22), items (ii), (v) and (vi)) without the intent to pay or receive money;" — https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb</sup>

  **三**  オプションの付与又は取得を目的としない仮装の市場デリバティブ取引（第二条第二十一項第三号に掲げる取引に限る。）又は店頭デリバティブ取引（同条第二十二項第三号及び第四号に掲げる取引に限る。）をすること。
  <sup>art-159/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-3</sup>
  conducting a false market derivatives transaction (limited to one specified in Article 2, paragraph (21), item (iii)) or a false over-the-counter derivatives transaction (limited to one specified in Article 2, paragraph (22), item (iii) or (iv)) without the intent to grant or acquire the options;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **四**  自己のする売付け（商品にあつては市場デリバティブ取引（第二条第二十一項第一号に掲げる取引に限る。）による売付けに限り、有価証券及び商品以外の金融商品にあつては同号又は同条第二十二項第一号に掲げる取引による売付けに限る。）と同時期に、それと同価格において、他人が当該金融商品を買い付けること（商品にあつては市場デリバティブ取引（同条第二十一項第一号に掲げる取引に限る。）により買い付けることに限り、有価証券及び商品以外の金融商品にあつては同号又は同条第二十二項第一号に掲げる取引により買い付けることに限る。）をあらかじめその者と通謀の上、当該売付けをすること。
  <sup>art-159/par-1/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-4</sup>
  selling financial instruments (limited to a sale conducted through a transaction set forth in Article 2, paragraph (21), item (i) or paragraph (22), item (i) of that Article, if they are financial instruments other than securities) after colluding in advance with another party that promises to purchase the financial instruments at the same price and around the same time as the sale (limited to a purchase conducted through a transaction set forth in Article 2, paragraph (21), item (i) or paragraph (22), item (i) of that Article, if they are financial instruments other than securities);
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **五**  自己のする買付け（商品にあつては市場デリバティブ取引（第二条第二十一項第一号に掲げる取引に限る。）による買付けに限り、有価証券及び商品以外の金融商品にあつては同号又は同条第二十二項第一号に掲げる取引による買付けに限る。）と同時期に、それと同価格において、他人が当該金融商品を売り付けること（商品にあつては市場デリバティブ取引（同条第二十一項第一号に掲げる取引に限る。）により売り付けることに限り、有価証券及び商品以外の金融商品にあつては同号又は同条第二十二項第一号に掲げる取引により売り付けることに限る。）をあらかじめその者と通謀の上、当該買付けをすること。
  <sup>art-159/par-1/item-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-5</sup>
  making one's own purchase (limited, in the case of commodities, to a purchase through market derivatives transactions (limited to transactions set forth in Article 2, paragraph (21), item (i)), and limited, in the case of financial instruments other than securities and commodities, to a purchase through a transaction set forth in that item or in paragraph (22), item (i) of that Article) after colluding in advance with another person to sell the financial instruments at the same time as, and at the same price as, that purchase (limited, in the case of commodities, to a sale through market derivatives transactions (limited to transactions set forth in paragraph (21), item (i) of that Article), and limited, in the case of financial instruments other than securities and commodities, to a sale through a transaction set forth in that item or in paragraph (22), item (i) of that Article);
  <sup>machine translation, not official</sup>

  **六**  市場デリバティブ取引（第二条第二十一項第二号に掲げる取引に限る。）又は店頭デリバティブ取引（同条第二十二項第二号に掲げる取引に限る。）の申込みと同時期に、当該取引の約定数値と同一の約定数値において、他人が当該取引の相手方となることをあらかじめその者と通謀の上、当該取引の申込みをすること。
  <sup>art-159/par-1/item-6 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-6</sup>
  making an offer in connection with a market derivatives transaction (limited to one set forth in Article 2, paragraph (21), item (ii)) or an over-the-counter derivatives transaction (limited to one set forth in paragraph (22), item (ii) of that Article) after colluding in advance with another party that promises to become the other party to the transaction at around the same time as the offer and at the same agreed figure as in the offered transaction;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **七**  市場デリバティブ取引（第二条第二十一項第三号に掲げる取引に限る。）又は店頭デリバティブ取引（同条第二十二項第三号及び第四号に掲げる取引に限る。）の申込みと同時期に、当該取引の対価の額と同一の対価の額において、他人が当該取引の相手方となることをあらかじめその者と通謀の上、当該取引の申込みをすること。
  <sup>art-159/par-1/item-7 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-7 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-7</sup>
  making an offer in connection with a market derivatives transaction (limited to one set forth in Article 2, paragraph (21), item (iii)) or an over-the-counter derivatives transaction (limited to one set forth in paragraph (22), item (iii) or (iv) of that Article) after colluding in advance with another party that promises to become the other party to the transaction at around the same time as the offer and for the same amount of consideration as in the offered transaction;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **八**  市場デリバティブ取引（第二条第二十一項第四号から第五号までに掲げる取引に限る。）又は店頭デリバティブ取引（同条第二十二項第五号及び第六号に掲げる取引に限る。）の申込みと同時期に、当該取引の条件と同一の条件において、他人が当該取引の相手方となることをあらかじめその者と通謀の上、当該取引の申込みをすること。
  <sup>art-159/par-1/item-8 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-8 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-8</sup>
  making an offer in connection with a market derivatives transaction (limited to one set forth in Article 2, paragraph (21), items (iv) through (v)) or over-the-counter derivatives transaction (limited to one set forth in paragraph (22), item (v) or (vi) of that Article) after colluding in advance with another party that promises to become the other party to the transaction at around the same time as the offer and with the same conditions as in the offered transaction; or
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **九**  前各号に掲げる行為の委託等又は受託等をすること。
  <sup>art-159/par-1/item-9 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-9 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-9</sup>
  entrusting, etc. a person, etc. with an act set forth in the preceding items or becoming entrusted, etc. with such an act.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  何人も、有価証券の売買、市場デリバティブ取引又は店頭デリバティブ取引（以下この条において「有価証券売買等」という。）のうちいずれかの取引を誘引する目的をもつて、次に掲げる行為をしてはならない。
<sup>art-159/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-2 · https://japanlaw.org/l/323AC0000000025/art-159/par-2</sup>
It is prohibited for any person to engage in any of the following acts for the purpose of inducing purchase and sales of securities, market derivatives transactions, or over-the-counter derivatives transactions (hereinafter referred to "purchase and sales of securities, etc." in this Article):
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **一**  有価証券売買等が繁盛であると誤解させ、又は取引所金融商品市場における上場金融商品等（金融商品取引所が上場する金融商品、金融指標又はオプションをいう。以下この条において同じ。）若しくは店頭売買有価証券市場における店頭売買有価証券の相場を変動させるべき一連の有価証券売買等又はその申込み、委託等若しくは受託等をすること。
  <sup>art-159/par-2/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-159/par-2/item-1</sup>
  conducting a series of purchase and sales of securities, etc. that are likely to mislead a person into believing that purchase and sales of securities, etc. are thriving or to cause fluctuations in market prices of listed financial instruments, etc. (meaning financial instruments, financial indexes, or options listed on a financial instruments exchange market; hereinafter the same applies in this Article) on a financial instruments exchange market or prices of over-the-counter traded securities on an over-the-counter securities market; offering to conduct such transactions; entrusting, etc. a person with conducting such transactions; or becoming entrusted, etc. with conducting such transactions;
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  取引所金融商品市場における上場金融商品等又は店頭売買有価証券市場における店頭売買有価証券の相場が自己又は他人の操作によつて変動するべき旨を流布すること。
  <sup>art-159/par-2/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-159/par-2/item-2</sup>
  spreading a rumor that market prices of listed financial instruments, etc. on a financial instruments exchange market or market prices of over-the-counter traded securities on an over-the-counter securities market will fluctuate due to one's own or another party's market manipulation; or
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **三**  有価証券売買等を行うにつき、重要な事項について虚偽であり、又は誤解を生じさせるべき表示を故意にすること。
  <sup>art-159/par-2/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-159/par-2/item-3</sup>
  intentionally making a false representation regarding a material particular or a representation that causes a person to misunderstand something, in conducting a purchase and sale of securities, etc.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第三項**  何人も、政令で定めるところに違反して、取引所金融商品市場における上場金融商品等又は店頭売買有価証券市場における店頭売買有価証券の相場をくぎ付けし、固定し、又は安定させる目的をもつて、一連の有価証券売買等又はその申込み、委託等若しくは受託等をしてはならない。
<sup>art-159/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-3 · https://japanlaw.org/l/323AC0000000025/art-159/par-3</sup>
It is prohibited for any person to effect a series of purchase and sales of securities, etc., to offer to conduct such transactions, to entrust, etc. a person with conducting such transactions, or to become entrusted, etc. with conducting such transactions, for the purpose of pegging, fixing, or stabilizing market prices of listed financial instruments, etc. on a financial instruments exchange market or the market prices of over-the-counter traded securities on an over-the-counter securities market, in a way that constitutes a violation of the provisions of Cabinet Order.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-159/par-1: この条 → 金融商品取引法 第百五十九条 (Article 159), art-159 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159 · https://japanlaw.org/l/323AC0000000025/art-159
- art-159/par-1/item-1: 第二条第二十一項第一号 → 金融商品取引法 第二条第二十一項第一号 (Article 2, paragraph (21), item (i)), art-2/par-21/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-1
- art-159/par-1/item-1: 同条第二十二項第一号 → 金融商品取引法 第二条第二十二項第一号 (Article 2, paragraph (22), item (i)), art-2/par-22/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-1
- art-159/par-1/item-2: 第二条第二十一項第二号 → 金融商品取引法 第二条第二十一項第二号 (Article 2, paragraph (21), item (ii)), art-2/par-21/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-2
- art-159/par-1/item-2: 第四号から第五号まで → 金融商品取引法 第二条第二十一項第四号 (Article 2, paragraph (21), item (iv)), art-2/par-21/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-4 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-4
- art-159/par-1/item-2: 第四号から第五号まで → 金融商品取引法 第二条第二十一項第四号の二 (Article 2, paragraph (21), item (iv-2)), art-2/par-21/item-4-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-4-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-4-2
- art-159/par-1/item-2: 第四号から第五号まで → 金融商品取引法 第二条第二十一項第五号 (Article 2, paragraph (21), item (v)), art-2/par-21/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-5 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-5
- art-159/par-1/item-2: 同条第二十二項第二号 → 金融商品取引法 第二条第二十二項第二号 (Article 2, paragraph (22), item (ii)), art-2/par-22/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-2
- art-159/par-1/item-2: 第五号 → 金融商品取引法 第二条第二十二項第五号 (Article 2, paragraph (22), item (v)), art-2/par-22/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-5 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-5
- art-159/par-1/item-2: 第六号 → 金融商品取引法 第二条第二十二項第六号 (Article 2, paragraph (22), item (vi)), art-2/par-22/item-6 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-6 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-6
- art-159/par-1/item-3: 第二条第二十一項第三号 → 金融商品取引法 第二条第二十一項第三号 (Article 2, paragraph (21), item (iii)), art-2/par-21/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-3 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-3
- art-159/par-1/item-3: 同条第二十二項第三号 → 金融商品取引法 第二条第二十二項第三号 (Article 2, paragraph (22), item (iii)), art-2/par-22/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-3 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-3
- art-159/par-1/item-3: 第四号 → 金融商品取引法 第二条第二十二項第四号 (Article 2, paragraph (22), item (iv)), art-2/par-22/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-4 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-4
- art-159/par-1/item-4: 第二条第二十一項第一号 → 金融商品取引法 第二条第二十一項第一号 (Article 2, paragraph (21), item (i)), art-2/par-21/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-1
- art-159/par-1/item-4: 同条第二十二項第一号 → 金融商品取引法 第二条第二十二項第一号 (Article 2, paragraph (22), item (i)), art-2/par-22/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-1
- art-159/par-1/item-5: 第二条第二十一項第一号 → 金融商品取引法 第二条第二十一項第一号 (Article 2, paragraph (21), item (i)), art-2/par-21/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-1
- art-159/par-1/item-5: 同条第二十二項第一号 → 金融商品取引法 第二条第二十二項第一号 (Article 2, paragraph (22), item (i)), art-2/par-22/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-1 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-1
- art-159/par-1/item-6: 第二条第二十一項第二号 → 金融商品取引法 第二条第二十一項第二号 (Article 2, paragraph (21), item (ii)), art-2/par-21/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-2
- art-159/par-1/item-6: 同条第二十二項第二号 → 金融商品取引法 第二条第二十二項第二号 (Article 2, paragraph (22), item (ii)), art-2/par-22/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-2
- art-159/par-1/item-7: 第二条第二十一項第三号 → 金融商品取引法 第二条第二十一項第三号 (Article 2, paragraph (21), item (iii)), art-2/par-21/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-3 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-3
- art-159/par-1/item-7: 同条第二十二項第三号 → 金融商品取引法 第二条第二十二項第三号 (Article 2, paragraph (22), item (iii)), art-2/par-22/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-3 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-3
- art-159/par-1/item-7: 第四号 → 金融商品取引法 第二条第二十二項第四号 (Article 2, paragraph (22), item (iv)), art-2/par-22/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-4 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-4
- art-159/par-1/item-8: 第二条第二十一項第四号から第五号まで → 金融商品取引法 第二条第二十一項第四号 (Article 2, paragraph (21), item (iv)), art-2/par-21/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-4 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-4
- art-159/par-1/item-8: 第二条第二十一項第四号から第五号まで → 金融商品取引法 第二条第二十一項第四号の二 (Article 2, paragraph (21), item (iv-2)), art-2/par-21/item-4-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-4-2 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-4-2
- art-159/par-1/item-8: 第二条第二十一項第四号から第五号まで → 金融商品取引法 第二条第二十一項第五号 (Article 2, paragraph (21), item (v)), art-2/par-21/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-21/item-5 · https://japanlaw.org/l/323AC0000000025/art-2/par-21/item-5
- art-159/par-1/item-8: 同条第二十二項第五号 → 金融商品取引法 第二条第二十二項第五号 (Article 2, paragraph (22), item (v)), art-2/par-22/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-5 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-5
- art-159/par-1/item-8: 第六号 → 金融商品取引法 第二条第二十二項第六号 (Article 2, paragraph (22), item (vi)), art-2/par-22/item-6 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-2/par-22/item-6 · https://japanlaw.org/l/323AC0000000025/art-2/par-22/item-6
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第一号 (Article 159, paragraph (1), item (i)), art-159/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-1
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第二号 (Article 159, paragraph (1), item (ii)), art-159/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-2
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第三号 (Article 159, paragraph (1), item (iii)), art-159/par-1/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-3
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第四号 (Article 159, paragraph (1), item (iv)), art-159/par-1/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-4
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第五号 (Article 159, paragraph (1), item (v)), art-159/par-1/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-5
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第六号 (Article 159, paragraph (1), item (vi)), art-159/par-1/item-6 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-6
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第七号 (Article 159, paragraph (1), item (vii)), art-159/par-1/item-7 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-7 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-7
- art-159/par-1/item-9: 前各号 → 金融商品取引法 第百五十九条第一項第八号 (Article 159, paragraph (1), item (viii)), art-159/par-1/item-8 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-8 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-8
- art-159/par-2: この条 → 金融商品取引法 第百五十九条 (Article 159), art-159 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159 · https://japanlaw.org/l/323AC0000000025/art-159
- art-159/par-2/item-1: この条 → 金融商品取引法 第百五十九条 (Article 159), art-159 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159 · https://japanlaw.org/l/323AC0000000025/art-159

## Cited by

15 provisions cite this one. No official source publishes this direction.

- 金融商品取引法 第百五十九条第一項（相場操縦行為等の禁止） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1 · https://japanlaw.org/l/323AC0000000025/art-159/par-1
- 金融商品取引法 第百五十九条第一項第九号（相場操縦行為等の禁止） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-1/item-9 · https://japanlaw.org/l/323AC0000000025/art-159/par-1/item-9
- 金融商品取引法 第百五十九条第二項（相場操縦行為等の禁止） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-2 · https://japanlaw.org/l/323AC0000000025/art-159/par-2
- 金融商品取引法 第百五十九条第二項第一号（相場操縦行為等の禁止） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-159/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-159/par-2/item-1
- 金融商品取引法 第百六十条第一項（相場操縦行為等による賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-160/par-1 · https://japanlaw.org/l/323AC0000000025/art-160/par-1
- 金融商品取引法 第百六十条第二項（相場操縦行為等による賠償責任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-160/par-2 · https://japanlaw.org/l/323AC0000000025/art-160/par-2
- 金融商品取引法 第百六十六条第六項第五号（会社関係者の禁止行為） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-166/par-6/item-5 · https://japanlaw.org/l/323AC0000000025/art-166/par-6/item-5
- 金融商品取引法 第百六十七条第五項第六号（公開買付者等関係者の禁止行為） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-167/par-5/item-6 · https://japanlaw.org/l/323AC0000000025/art-167/par-5/item-6
- 金融商品取引法 第百七十四条第一項（取引の状況に関し他人に誤解を生じさせる目的をもつて有価証券の売買等をした者に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-174/par-1 · https://japanlaw.org/l/323AC0000000025/art-174/par-1
- 金融商品取引法 第百七十四条の二第一項（取引を誘引する目的をもつて一連の有価証券売買等をした者に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-174-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-174-2/par-1
- 金融商品取引法 第百七十四条の三第一項（安定操作取引等の禁止に違反した者に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-174-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-174-3/par-1
- 金融商品取引法 第百七十四条の三第一項第二号イ（安定操作取引等の禁止に違反した者に対する課徴金納付命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-174-3/par-1/item-2/sub-1 · https://japanlaw.org/l/323AC0000000025/art-174-3/par-1/item-2/sub-1
- 金融商品取引法 第百八十五条の二十四第三項（相場操縦行為等の禁止） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-185-24/par-3 · https://japanlaw.org/l/323AC0000000025/art-185-24/par-3
- 金融商品取引法 第百九十七条第一項第五号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-197/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-197/par-1/item-5
- 金融商品取引法 第百九十七条の二第一項第十三号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-197-2/par-1/item-13 · https://japanlaw.org/l/323AC0000000025/art-197-2/par-1/item-13

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## 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 159, paragraph (1), item (ii) — 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
