# 金融商品取引法 / Financial Instruments and Exchange Act — 第七十九条の二十 (Article 79-20)

- 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: 第七十九条の二十 (Article 79-20)（一般顧客等） — address `art-79-20`
- 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-79-20
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-79-20
- 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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### 第七十九条の二十（一般顧客等） — (General Customers)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-79-20 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20 · https://japanlaw.org/l/323AC0000000025/art-79-20</sup>

  **第一項**  この章において「一般顧客」とは、金融商品取引業者（第二十八条第八項に規定する有価証券関連業（以下この章において「有価証券関連業」という。）又は商品関連市場デリバティブ取引取次ぎ等に係る業務（以下この章において「商品デリバティブ取引関連業務」という。）を行う金融商品取引業者に限る。以下この章において同じ。）の本店その他の国内の営業所又は事務所（外国法人である金融商品取引業者にあつては、国内に有する営業所又は事務所）の顧客であつて当該金融商品取引業者と対象有価証券関連取引又は対象商品デリバティブ取引関連取引をする者（適格機関投資家及び国、地方公共団体その他の政令で定める者を除く。）をいう。
  <sup>art-79-20/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-1 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-1</sup>
  The term "general customer" as used in this Chapter means a customer of a financial instruments business operator's (limited to a financial instruments business operator that conducts securities services prescribed in Article 28, paragraph (8) (hereinafter referred to as the "securities-related business" in this Chapter) or business related to commodity-related market derivatives transactions brokerage, etc. (hereinafter referred to as the "commodity derivatives transaction-related business" in this Chapter); hereinafter the same applies in this Chapter) head office or other domestic business office or office (with regard to a financial instruments business operator that is a foreign corporation, its business office or office in Japan) which conducts a transaction related to subject securities or subject commodity derivatives transaction-related transactions with that financial instruments business operator (excluding the qualified institutional investors, states, local governments, and other persons specified by Cabinet Order).
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第二項**  金融商品取引業者がその一般顧客の計算において他の金融商品取引業者と対象有価証券関連取引又は対象商品デリバティブ取引関連取引をする場合には、前項の規定にかかわらず、当該金融商品取引業者を当該他の金融商品取引業者の一般顧客とみなして、この章の規定を適用する。
  <sup>art-79-20/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-2 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-2</sup>
  Notwithstanding the provisions of the preceding paragraph, if a first financial instruments business operator conducts a transaction related to subject securities or subject commodity derivatives transaction-related transactions with a second financial instruments business operator on the account of the first financial instruments business operator's general customer, the first financial instruments business operator is deemed to be the general customer of the second financial instruments business operator, and the provisions of this Chapter apply.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **第三項**  この章において「顧客資産」とは、次に掲げるものをいう。
  <sup>art-79-20/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3</sup>
  The term "customer assets" as used in this Chapter means the following:
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **一**  第百十九条の規定により金融商品取引業者が一般顧客から預託を受けた金銭若しくは有価証券（有価証券関連デリバティブ取引に関して預託を受けたものに限る。）又は第百六十一条の二の規定により金融商品取引業者が一般顧客から預託を受けた金銭若しくは有価証券
    <sup>art-79-20/par-3/item-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-1</sup>
    the money and securities that a general customer deposits with a financial instruments business operator pursuant to the provisions of Article 119 (limited those deposited in connection with securities-related derivatives transactions) and money and securities that a general customer deposits with a financial instruments business operator pursuant to the provisions of Article 161-2;
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **二**  第百十九条の規定により金融商品取引業者が一般顧客から預託を受けた金銭、有価証券その他の財産のうち内閣府令・財務省令で定めるもの（商品関連市場デリバティブ取引に関して預託を受けたものに限る。）
    <sup>art-79-20/par-3/item-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-2</sup>
    the money, securities or other property deposited to a financial instruments business operator from a general customer under the provisions of Article 119 specified by Cabinet Office Order and Ministry of Finance Order (limited to those deposited in relation to commodity-related market derivatives transactions);
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **三**  有価証券関連業に係る取引（店頭デリバティブ取引その他の政令で定める取引を除く。第五号において同じ。）に関し、一般顧客の計算に属する金銭又は金融商品取引業者が一般顧客から預託を受けた金銭（第一号に規定する金銭を除く。）
    <sup>art-79-20/par-3/item-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-3</sup>
    money on the account of a general customer and money that a general customer deposits with a financial instruments business operator (other than money prescribed in item (i)) in connection with securities-related business (excluding over-the-counter derivatives transactions or other transactions specified by Cabinet Order; the same applies in item (v));
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **四**  商品デリバティブ取引関連業務に係る取引に関し、一般顧客の計算に属する金銭又は金融商品取引業者が一般顧客から預託を受けた金銭（第二号に規定する金銭を除く。）
    <sup>art-79-20/par-3/item-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-4 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-4</sup>
    the money belonging to the account of a general customer or money deposited to a financial instruments business operator from a general customer, with regard to a transaction related to commodity derivatives transaction-related business (excluding the money prescribed in item (ii));
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **五**  有価証券関連業に係る取引に関し、一般顧客の計算に属する有価証券又は金融商品取引業者が一般顧客から預託を受けた有価証券（第一号に規定する有価証券、契約により金融商品取引業者が消費できる有価証券その他政令で定める有価証券を除く。）
    <sup>art-79-20/par-3/item-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-5 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-5</sup>
    securities on the account of a general customer or securities that a general customer deposits with a financial instruments business operator (other than securities prescribed in item (i), securities that a financial instruments business operator may expend pursuant to a contract, and securities specified by Cabinet Order), in connection with a transaction linked to the securities-related business;
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **六**  商品デリバティブ取引関連業務に係る取引に関し、一般顧客の計算に属する有価証券若しくは商品（寄託された商品に関して発行された証券又は証書を含む。以下この号において同じ。）又は金融商品取引業者が一般顧客から預託を受けた有価証券若しくは商品（第二号に掲げるもの、契約により金融商品取引業者が消費できる有価証券又は商品その他政令で定める有価証券又は商品を除く。）
    <sup>art-79-20/par-3/item-6 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-6 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-6</sup>
    the securities or commodities belonging to the account of a general customer (including instruments or certificates issued in relation to deposited commodities; hereinafter the same applies in this item) or securities or commodities deposited to a financial instruments business operator from a general customer (excluding those listed in item (ii), securities or commodities that a financial instruments business operator may consume under a contract, and other securities or commodities specified by Cabinet Order), with regard to a transaction related to commodity derivatives transaction-related business; and
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

    **七**  前各号に掲げるもののほか、政令で定めるもの
    <sup>art-79-20/par-3/item-7 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-7 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-7</sup>
    anything other than what is set forth in each of the preceding items, which is specified by Cabinet Order.
    <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-79-20/par-1: 第二十八条第八項 → 金融商品取引法 第二十八条第八項 (Article 28, paragraph (8)), art-28/par-8 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-28/par-8 · https://japanlaw.org/l/323AC0000000025/art-28/par-8
- art-79-20/par-2: 前項 → 金融商品取引法 第七十九条の二十第一項 (Article 79-20, paragraph (1)), art-79-20/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-1 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-1
- art-79-20/par-3/item-1: 第百十九条 → 金融商品取引法 第百十九条 (Article 119), art-119 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119 · https://japanlaw.org/l/323AC0000000025/art-119
- art-79-20/par-3/item-1: 第百六十一条の二 → 金融商品取引法 第百六十一条の二 (Article 161-2), art-161-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-161-2 · https://japanlaw.org/l/323AC0000000025/art-161-2
- art-79-20/par-3/item-2: 第百十九条 → 金融商品取引法 第百十九条 (Article 119), art-119 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-119 · https://japanlaw.org/l/323AC0000000025/art-119
- art-79-20/par-3/item-3: 第五号 → 金融商品取引法 第七十九条の二十第三項第五号 (Article 79-20, paragraph (3), item (v)), art-79-20/par-3/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-5 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-5
- art-79-20/par-3/item-3: 第一号 → 金融商品取引法 第七十九条の二十第三項第一号 (Article 79-20, paragraph (3), item (i)), art-79-20/par-3/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-1
- art-79-20/par-3/item-4: 第二号 → 金融商品取引法 第七十九条の二十第三項第二号 (Article 79-20, paragraph (3), item (ii)), art-79-20/par-3/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-2
- art-79-20/par-3/item-5: 第一号 → 金融商品取引法 第七十九条の二十第三項第一号 (Article 79-20, paragraph (3), item (i)), art-79-20/par-3/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-1
- art-79-20/par-3/item-6: この号 → 金融商品取引法 第七十九条の二十第三項第六号 (Article 79-20, paragraph (3), item (vi)), art-79-20/par-3/item-6 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-6 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-6
- art-79-20/par-3/item-6: 第二号 → 金融商品取引法 第七十九条の二十第三項第二号 (Article 79-20, paragraph (3), item (ii)), art-79-20/par-3/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-2
- art-79-20/par-3/item-7: 前各号 → 金融商品取引法 第七十九条の二十第三項第一号 (Article 79-20, paragraph (3), item (i)), art-79-20/par-3/item-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-1 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-1
- art-79-20/par-3/item-7: 前各号 → 金融商品取引法 第七十九条の二十第三項第二号 (Article 79-20, paragraph (3), item (ii)), art-79-20/par-3/item-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-2 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-2
- art-79-20/par-3/item-7: 前各号 → 金融商品取引法 第七十九条の二十第三項第三号 (Article 79-20, paragraph (3), item (iii)), art-79-20/par-3/item-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-3
- art-79-20/par-3/item-7: 前各号 → 金融商品取引法 第七十九条の二十第三項第四号 (Article 79-20, paragraph (3), item (iv)), art-79-20/par-3/item-4 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-4 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-4
- art-79-20/par-3/item-7: 前各号 → 金融商品取引法 第七十九条の二十第三項第五号 (Article 79-20, paragraph (3), item (v)), art-79-20/par-3/item-5 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-5 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-5
- art-79-20/par-3/item-7: 前各号 → 金融商品取引法 第七十九条の二十第三項第六号 (Article 79-20, paragraph (3), item (vi)), art-79-20/par-3/item-6 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-6 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-6

## Cited by

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

- 金融商品取引法 第四十三条の二第一項第二号（分別管理） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-43-2/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-43-2/par-1/item-2
- 金融商品取引法 第四十三条の二の二第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-43-2-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-43-2-2/par-1
- 金融商品取引法 第七十九条の二十第二項（一般顧客等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-2 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-2
- 金融商品取引法 第七十九条の二十第三項第三号（一般顧客等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-3 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-3
- 金融商品取引法 第七十九条の二十第三項第四号（一般顧客等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-4 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-4
- 金融商品取引法 第七十九条の二十第三項第五号（一般顧客等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-5 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-5
- 金融商品取引法 第七十九条の二十第三項第六号（一般顧客等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-6 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-6
- 金融商品取引法 第七十九条の二十第三項第七号（一般顧客等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-20/par-3/item-7 · https://japanlaw.org/l/323AC0000000025/art-79-20/par-3/item-7
- 金融商品取引法 第七十九条の四十九第二項（業務の範囲等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-49/par-2 · https://japanlaw.org/l/323AC0000000025/art-79-49/par-2
- 金融商品取引法 第七十九条の四十九第四項（業務の範囲等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-49/par-4 · https://japanlaw.org/l/323AC0000000025/art-79-49/par-4
- 金融商品取引法 第七十九条の五十七第二項（支払金額等） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-79-57/par-2 · https://japanlaw.org/l/323AC0000000025/art-79-57/par-2
- 金融商品取引法 附則第四条第一項（委託者保護基金に関する経過措置） — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4241-86/art-4/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4241-86/art-4/par-1
- 金融商品取引法 附則第四条第一項第一号（委託者保護基金に関する経過措置） — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4241-86/art-4/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/suppl-4241-86/art-4/par-1/item-1
- 金融商品取引法 附則第四条第三項（委託者保護基金に関する経過措置） — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4241-86/art-4/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4241-86/art-4/par-3

---

## 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