# 金融商品取引法 / Financial Instruments and Exchange Act — 第百六十条 (Article 160) - 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: 第百六十条 (Article 160)（相場操縦行為等による賠償責任） — address `art-160` - 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-160 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-160 - 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. --- ### 第百六十条（相場操縦行為等による賠償責任） — (Compensatory Liability for Market Manipulation) caption: Ministry of Justice translation — Japanese Law Translation Database System art-160 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-160 · https://japanlaw.org/l/323AC0000000025/art-160 **第一項** 前条の規定に違反した者は、当該違反行為により形成された金融商品、金融指標若しくはオプションに係る価格、約定数値若しくは対価の額により、当該金融商品、金融指標若しくはオプションについて、取引所金融商品市場における有価証券の売買、市場デリバティブ取引、店頭売買有価証券市場における有価証券の売買若しくは取扱有価証券の売買（以下この項において「取引所金融商品市場等における有価証券の売買等」という。）をし、又はその委託をした者が当該取引所金融商品市場等における有価証券の売買等又は委託につき受けた損害を賠償する責任を負う。 art-160/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-160/par-1 · https://japanlaw.org/l/323AC0000000025/art-160/par-1 A person that violates the provisions of the preceding Article is liable to compensate for damages from purchase and sales of securities on a financial instruments exchange market, market derivatives transactions, purchase and sales of securities on an over-the-counter securities market, and purchase and sales of tradable securities (hereinafter referred to "purchase and sales of securities, etc. on a financial instruments exchange market, etc." in this paragraph) in connection with a financial instrument, financial index, or option whose price, agreed figure, or amount receivable the person formed through that violation, which damages are incurred by any person that conducts, or entrusts another person with conducting, such a purchase and sale of securities, etc. on a financial instruments exchange market, etc. at the so-formed price, agreed figure, or amount of compensation. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定による賠償の請求権は、請求権者が前条の規定に違反する行為があつたことを知つた時から一年間又は当該行為があつた時から三年間、これを行わないときは、時効によつて消滅する。 art-160/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-160/par-2 · https://japanlaw.org/l/323AC0000000025/art-160/par-2 A claim for compensation under the preceding paragraph extinguishes by prescription if it is not exercised within one year from when the claimant learns that an act that is in violation of the provisions of the preceding Article has taken place or within three years from when the act takes place. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-160/par-1: 前条 → 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-160/par-1: この項 → 金融商品取引法 第百六十条第一項 (Article 160, paragraph (1)), art-160/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-160/par-1 · https://japanlaw.org/l/323AC0000000025/art-160/par-1 - art-160/par-2: 前項 → 金融商品取引法 第百六十条第一項 (Article 160, paragraph (1)), art-160/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-160/par-1 · https://japanlaw.org/l/323AC0000000025/art-160/par-1 - art-160/par-2: 前条 → 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 2 provisions cite this one. No official source publishes this direction. - 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 --- ## 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