# 金融商品取引法 / Financial Instruments and Exchange Act — 第十六条 (Article 16)

- 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: 第十六条 (Article 16)（違反行為者の賠償責任） — address `art-16`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-16
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-16
- 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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### 第十六条（違反行為者の賠償責任） — (Compensatory Liability of Violators)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-16 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-16 · https://japanlaw.org/l/323AC0000000025/art-16</sup>

**第一項**  前条の規定に違反して有価証券を取得させた者は、これを取得した者に対し当該違反行為に因り生じた損害を賠償する責に任ずる。
<sup>art-16/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-16/par-1</sup>
A person violates the preceding Article in causing securities to be acquired is liable to compensate the person that acquires the securities for damage arising from the violation.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-16/par-1: 前条 → 金融商品取引法 第十五条 (Article 15), art-15 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-15 · https://japanlaw.org/l/323AC0000000025/art-15

## Cited by

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

- 金融商品取引法 第二十三条の十二第四項（発行登録書等に関する準用規定等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-23-12/par-4 · https://japanlaw.org/l/323AC0000000025/art-23-12/par-4
- 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/ja/financial-instruments-and-exchange-act/art-27/par-1 · https://japanlaw.org/l/323AC0000000025/art-27/par-1
- 金融商品取引法 第二十七条の十六第一項（公開買付けに係る違反行為による賠償責任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-16/par-1 · https://japanlaw.org/l/323AC0000000025/art-27-16/par-1
- 金融商品取引法 第二十七条の二十二の二第九項（発行者による上場株券等の公開買付け） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-27-22-2/par-9 · https://japanlaw.org/l/323AC0000000025/art-27-22-2/par-9

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## 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
