# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十三条の十一 (Article 23-11) - 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: 第二十三条の十一 (Article 23-11)（虚偽記載による発行登録の効力の停止等） — address `art-23-11` - 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-23-11 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-23-11 - 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. --- ### 第二十三条の十一（虚偽記載による発行登録の効力の停止等） — (Suspension of the Validity of a Shelf Registration Due to a False Statement) caption: Ministry of Justice translation — Japanese Law Translation Database System art-23-11 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-11 · https://japanlaw.org/l/323AC0000000025/art-23-11 **第一項** 内閣総理大臣は、発行登録書及びその添付書類、第二十三条の四、第二十三条の九第一項若しくは前条第一項（同条第五項において準用する場合を含む。）の規定による訂正発行登録書又は発行登録追補書類及びその添付書類並びにこれらの書類に係る参照書類のうちに重要な事項について虚偽の記載がある場合において、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、当該発行登録書及びその添付書類、当該訂正発行登録書若しくは当該発行登録追補書類及びその添付書類（以下この条において「発行登録書類等」という。）又は当該発行登録書類等の提出者がこれを提出した日から一年以内に提出する第五条第一項に規定する届出書若しくは発行登録書若しくは発行登録追補書類について、これらの書類の提出者に対し、公益又は投資者保護のため相当と認められる期間、当該発行登録書類等に係る発行登録の効力、当該届出書に係る届出の効力若しくは当該発行登録書若しくは当該発行登録追補書類に係る発行登録の効力の停止を命じ、又は第八条第一項（第二十三条の五第一項において準用する場合を含む。）に規定する期間を延長することができる。この場合においては、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-23-11/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-11/par-1 If a shelf registration statement or an accompanying document, an amended shelf registration statement under Article 23-4, Article 23-9, paragraph (1) or paragraph (1) of the preceding Article (including as applied mutatis mutandis pursuant to Article 23-10, paragraph (5)), a shelf registration supplement or an accompanying document, or a reference document for any of those documents, contains a false statement regarding a material particular 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 an order against the person submitting that document, with regard to any shelf registration statement or accompanying document, amended shelf registration statement, or shelf registration supplement or accompanying document (hereinafter collectively referred to as a "shelf registration document, etc." in this Article), or with regard to any statement as set forth in Article 5, paragraph (1), shelf registration statement, or shelf registration supplement, that the person submitting the relevant shelf registration document, etc. submits within one year of the day on which the person submits that shelf registration document, etc., ordering the suspension of the validity of the shelf registration under the shelf registration document, etc., the validity of the notification under such a statement, or the validity of the shelf registration under such a shelf registration statement or shelf registration supplement, or may extend the period stipulated in Article 8, paragraph (1) (including as applied mutatis mutandis pursuant to Article 23-5, paragraph (1)), for the period that the Prime Minister considers appropriate in the public interest or for the protection of investors. In such a case, irrespective of the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, the Prime Minister must conduct a hearing. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定による処分があつた場合において、内閣総理大臣は、同項の記載につき第二十三条の四又は前条第一項（同条第五項において準用する場合を含む。）の規定により提出された訂正発行登録書（当該訂正発行登録書に係る参照書類を含む。）の内容が適当であり、かつ、当該提出者の発行する有価証券を募集又は売出しにより取得させ、又は売り付けても公益又は投資者保護のため支障がないと認めるときは、前項の規定による処分を解除することができる。 art-23-11/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-11/par-2 · https://japanlaw.org/l/323AC0000000025/art-23-11/par-2 If a disposition under the preceding paragraph is reached and the Prime Minister finds that the content of an amended shelf registration statement (including reference documents referenced therein) submitted pursuant to Article 23-4 or paragraph (1) of the preceding Article (including as applied mutatis mutandis pursuant to Article 23-10, paragraph (5)) in relation to the false statement referred to in the preceding paragraph is appropriate, and that allowing the acquisition or sale of securities issued by the person that submitted the shelf registration documents through a public offering or secondary distribution will not compromise the public interest or the protection of investors, the Prime Minister may cancel the disposition under the preceding paragraph. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-23-11/par-1: 第二十三条の四 → 金融商品取引法 第二十三条の四 (Article 23-4), art-23-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-4 · https://japanlaw.org/l/323AC0000000025/art-23-4 - art-23-11/par-1: 第二十三条の九第一項 → 金融商品取引法 第二十三条の九第一項 (Article 23-9, paragraph (1)), art-23-9/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-9/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-9/par-1 - art-23-11/par-1: 前条第一項 → 金融商品取引法 第二十三条の十第一項 (Article 23-10, paragraph (1)), art-23-10/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-10/par-1 - art-23-11/par-1: 同条第五項 → 金融商品取引法 第二十三条の十第五項 (Article 23-10, paragraph (5)), art-23-10/par-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-10/par-5 · https://japanlaw.org/l/323AC0000000025/art-23-10/par-5 - art-23-11/par-1: この条 → 金融商品取引法 第二十三条の十一 (Article 23-11), art-23-11 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-11 · https://japanlaw.org/l/323AC0000000025/art-23-11 - art-23-11/par-1: 第五条第一項 → 金融商品取引法 第五条第一項 (Article 5, paragraph (1)), art-5/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-5/par-1 - art-23-11/par-1: 第八条第一項 → 金融商品取引法 第八条第一項 (Article 8, paragraph (1)), art-8/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-8/par-1 · https://japanlaw.org/l/323AC0000000025/art-8/par-1 - art-23-11/par-1: 第二十三条の五第一項 → 金融商品取引法 第二十三条の五第一項 (Article 23-5, paragraph (1)), art-23-5/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-5/par-1 - art-23-11/par-1: 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-23-11/par-2: 前項 → 金融商品取引法 第二十三条の十一第一項 (Article 23-11, paragraph (1)), art-23-11/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-11/par-1 - art-23-11/par-2: 第二十三条の四 → 金融商品取引法 第二十三条の四 (Article 23-4), art-23-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-4 · https://japanlaw.org/l/323AC0000000025/art-23-4 - art-23-11/par-2: 前条第一項 → 金融商品取引法 第二十三条の十第一項 (Article 23-10, paragraph (1)), art-23-10/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-10/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-10/par-1 - art-23-11/par-2: 同条第五項 → 金融商品取引法 第二十三条の十第五項 (Article 23-10, paragraph (5)), art-23-10/par-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-10/par-5 · https://japanlaw.org/l/323AC0000000025/art-23-10/par-5 ## Cited by 5 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第二十三条の十一第一項（虚偽記載による発行登録の効力の停止等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-23-11/par-1 - 金融商品取引法 第二十三条の十一第二項（虚偽記載による発行登録の効力の停止等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-11/par-2 · https://japanlaw.org/l/323AC0000000025/art-23-11/par-2 - 金融商品取引法 第二十三条の十二第三項（発行登録書等に関する準用規定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-12/par-3 · https://japanlaw.org/l/323AC0000000025/art-23-12/par-3 - 金融商品取引法 第二十三条の十二第五項（発行登録書等に関する準用規定等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-23-12/par-5 · https://japanlaw.org/l/323AC0000000025/art-23-12/par-5 - 金融商品取引法 第二十七条第一項（会社以外の発行者に関する準用規定） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-27/par-1 · https://japanlaw.org/l/323AC0000000025/art-27/par-1 --- ## 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