# 金融商品取引法 / Financial Instruments and Exchange Act — 第六十七条の十二 (Article 67-12) - 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: 第六十七条の十二 (Article 67-12)（規則の認可） — address `art-67-12` - 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-67-12 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-67-12 - 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. --- ### 第六十七条の十二（規則の認可） — (Authorization for Regulations) caption: Ministry of Justice translation — Japanese Law Translation Database System art-67-12 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12 · https://japanlaw.org/l/323AC0000000025/art-67-12 **第一項** 認可協会は、店頭売買有価証券市場を開設しようとするときは、その規則において前条第一項の規定による登録及び店頭売買有価証券に関し、次に掲げる事項を定め、内閣総理大臣の認可を受けなければならない。当該規則を変更し、又は廃止しようとするときも、同様とする。 art-67-12/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1 If an authorized association seeks to establish an over-the-counter securities market, it must provide for the following matters in its rules, in connection with the registration under paragraph (1) of the preceding Article and over-the-counter traded securities, and obtain the authorization of the Prime Minister. The same applies if the authorized association seeks to change or discontinue those rules: Ministry of Justice translation — Japanese Law Translation Database System **一** 登録及びその取消しの基準及び方法 art-67-12/par-1/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-1 the criteria and process for registration, and for rescission of registrations; Ministry of Justice translation — Japanese Law Translation Database System **二** 売買価格の報告及び発表に関する事項 art-67-12/par-1/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-2 the particulars involved in the reporting and announcement of trading prices; Ministry of Justice translation — Japanese Law Translation Database System **三** 売買その他の取引の契約の締結の方法 art-67-12/par-1/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-3 the process for concluding a contract for a purchase and sale or other transaction; Ministry of Justice translation — Japanese Law Translation Database System **四** 受渡しその他の決済方法 art-67-12/par-1/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-4 delivery and other means of settlement; Ministry of Justice translation — Japanese Law Translation Database System **五** 第六十七条第三項の規定により一般投資家等買付けを禁止する場合にあつては、前各号に掲げるもののほか、次に掲げる事項 art-67-12/par-1/item-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-5 if the authorized association prohibits purchases for general investors pursuant to the provisions of Article 67, paragraph (3), the following matters, in addition to those set forth in the preceding items: Ministry of Justice translation — Japanese Law Translation Database System **イ** 店頭売買有価証券市場における協会員の有価証券の売買の受託の制限に関する事項 art-67-12/par-1/item-5/sub-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-5/sub-1 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-5/sub-1 the particulars of limitations imposed on association members' acceptance of requests to entrust them with the purchase and sale of securities on the over-the-counter securities market; and Ministry of Justice translation — Japanese Law Translation Database System **ロ** 当該店頭売買有価証券市場において売買が行われる特定投資家向け有価証券（以下この号において「店頭売買特定投資家向け有価証券」という。）の発行者が提供又は公表をすべき特定証券情報及び発行者情報の内容、提供又は公表の方法及び時期その他店頭売買特定投資家向け有価証券に係る情報の提供又は公表に関し必要な事項 art-67-12/par-1/item-5/sub-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-5/sub-2 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-5/sub-2 the content and the means of provision or timing for the disclosure of the specified information on securities and information on the issuer that the issuer of securities for professional investors that are traded on that over-the-counter securities market (hereinafter referred to as "over-the-counter traded securities for professional investors" in this item) is required to provide or disclose, and necessary particulars otherwise relevant to the provision or disclosure of information on over-the-counter traded securities for professional investors; Ministry of Justice translation — Japanese Law Translation Database System **六** 前各号に掲げる事項のほか、店頭売買有価証券の売買その他の取引に関し必要な事項 art-67-12/par-1/item-6 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-6 necessary particulars relevant to purchase and sales and other transactions of over-the-counter traded securities, other than the particulars set forth in the preceding items. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-67-12/par-1: 前条第一項 → 金融商品取引法 第六十七条の十一第一項 (Article 67-11, paragraph (1)), art-67-11/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-11/par-1 · https://japanlaw.org/l/323AC0000000025/art-67-11/par-1 - art-67-12/par-1/item-5: 第六十七条第三項 → 金融商品取引法 第六十七条第三項 (Article 67, paragraph (3)), art-67/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67/par-3 · https://japanlaw.org/l/323AC0000000025/art-67/par-3 - art-67-12/par-1/item-5: 前各号 → 金融商品取引法 第六十七条の十二第一項第一号 (Article 67-12, paragraph (1), item (i)), art-67-12/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-1 - art-67-12/par-1/item-5: 前各号 → 金融商品取引法 第六十七条の十二第一項第二号 (Article 67-12, paragraph (1), item (ii)), art-67-12/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-2 - art-67-12/par-1/item-5: 前各号 → 金融商品取引法 第六十七条の十二第一項第三号 (Article 67-12, paragraph (1), item (iii)), art-67-12/par-1/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-3 - art-67-12/par-1/item-5: 前各号 → 金融商品取引法 第六十七条の十二第一項第四号 (Article 67-12, paragraph (1), item (iv)), art-67-12/par-1/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-4 - art-67-12/par-1/item-5/sub-2: この号 → 金融商品取引法 第六十七条の十二第一項第五号 (Article 67-12, paragraph (1), item (v)), art-67-12/par-1/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-5 - art-67-12/par-1/item-6: 前各号 → 金融商品取引法 第六十七条の十二第一項第一号 (Article 67-12, paragraph (1), item (i)), art-67-12/par-1/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-1 - art-67-12/par-1/item-6: 前各号 → 金融商品取引法 第六十七条の十二第一項第二号 (Article 67-12, paragraph (1), item (ii)), art-67-12/par-1/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-2 - art-67-12/par-1/item-6: 前各号 → 金融商品取引法 第六十七条の十二第一項第三号 (Article 67-12, paragraph (1), item (iii)), art-67-12/par-1/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-3 - art-67-12/par-1/item-6: 前各号 → 金融商品取引法 第六十七条の十二第一項第四号 (Article 67-12, paragraph (1), item (iv)), art-67-12/par-1/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-4 - art-67-12/par-1/item-6: 前各号 → 金融商品取引法 第六十七条の十二第一項第五号 (Article 67-12, paragraph (1), item (v)), art-67-12/par-1/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-5 ## Cited by 9 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第六十七条第三項（認可協会の目的） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67/par-3 · https://japanlaw.org/l/323AC0000000025/art-67/par-3 - 金融商品取引法 第六十七条の八第三項（定款の必要的記載事項） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-8/par-3 · https://japanlaw.org/l/323AC0000000025/art-67-8/par-3 - 金融商品取引法 第六十七条の十二第一項第五号（規則の認可） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-5 - 金融商品取引法 第六十七条の十二第一項第五号ロ（規則の認可） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-5/sub-2 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-5/sub-2 - 金融商品取引法 第六十七条の十二第一項第六号（規則の認可） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-12/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-67-12/par-1/item-6 - 金融商品取引法 第六十七条の十五第一項（登録取消し等の命令） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-67-15/par-1 · https://japanlaw.org/l/323AC0000000025/art-67-15/par-1 - 金融商品取引法 第七十七条の七第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-77-7/par-1 · https://japanlaw.org/l/323AC0000000025/art-77-7/par-1 - 金融商品取引法 第二百六条第一項第一号 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-206/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-206/par-1/item-1 - 金融商品取引法 附則第八十二条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-82/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-82/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