# 金融商品取引法 / Financial Instruments and Exchange Act — 第百八十五条の二十二 (Article 185-22)

- 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: 第百八十五条の二十二 (Article 185-22)（不正行為の禁止） — address `art-185-22`
- 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-185-22
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-185-22
- 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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### 第百八十五条の二十二（不正行為の禁止） — (Prohibition of Wrongful Acts)
<sup>caption: Ministry of Justice translation — Japanese Law Translation Database System</sup>
<sup>art-185-22 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22 · https://japanlaw.org/l/323AC0000000025/art-185-22</sup>

**第一項**  何人も、次に掲げる行為をしてはならない。
<sup>art-185-22/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-185-22/par-1</sup>
It is prohibited for any person to engage in the following acts:
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **一**  暗号等資産の売買（デリバティブ取引に該当するものを除く。以下この章及び第百九十七条第二項第二号において同じ。）その他の取引又はデリバティブ取引等（暗号等資産又は金融指標（暗号等資産の価格及び利率等並びにこれらに基づいて算出した数値に限る。次条第一項及び第百八十五条の二十四第一項において「暗号等資産関連金融指標」という。）に係るものに限る。以下この条、次条及び同号において「暗号等資産関連デリバティブ取引等」という。）について、不正の手段、計画又は技巧をすること。
  <sup>art-185-22/par-1/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-185-22/par-1/item-1</sup>
  using wrongful means, schemes, or techniques in a purchase and sale (excluding one that falls under the category of a derivatives transaction; hereinafter the same applies in this Chapter and Article 197, paragraph (2), item (ii)) or other transaction of cryptoassets or in a derivatives transaction, etc. (limited to one involving a crypto-and other asset or a financial index (limited to the price or interest rate, etc. of a crypto-and other asset or a numerical value calculated based on any of these); referred to as a "cryptoasset-related financial index" in paragraph (1) of the following Article and Article 185-24, paragraph (1); hereinafter referred to as a "cryptoasset-related derivatives transaction, etc." in this Article, the following Article, and in that item);
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **二**  暗号等資産の売買その他の取引又は暗号等資産関連デリバティブ取引等について、重要な事項について虚偽の表示があり、又は誤解を生じさせないために必要な重要な事実の表示が欠けている文書その他の表示を使用して金銭その他の財産を取得すること。
  <sup>art-185-22/par-1/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-185-22/par-1/item-2</sup>
  acquiring money or other property through the use of a document, or by giving any other indication, that contains a false indication about a material particular or that lacks an indication of a material particular that is necessary to prevent it from being misleading, with regard to the purchase and sale or other transaction of crypto-and other assets or a cryptoasset-related derivatives transaction, etc.; or
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

  **三**  暗号等資産の売買その他の取引又は暗号等資産関連デリバティブ取引等を誘引する目的をもつて、虚偽の相場を利用すること。
  <sup>art-185-22/par-1/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-185-22/par-1/item-3</sup>
  using false quotations in order to induce a purchase and sale or other transaction of crypto-and other assets or a cryptoasset-related derivatives transaction, etc.
  <sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

**第二項**  第百五十七条の規定は、暗号等資産関連デリバティブ取引等については、適用しない。
<sup>art-185-22/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22/par-2 · https://japanlaw.org/l/323AC0000000025/art-185-22/par-2</sup>
The provisions of Article 157 do not apply to a cryptoasset-related derivatives transaction, etc.
<sup>Ministry of Justice translation — Japanese Law Translation Database System</sup>

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## Cites
- art-185-22/par-1/item-1: 第百九十七条第二項第二号 → 金融商品取引法 第百九十七条第二項第二号 (Article 197, paragraph (2), item (ii)), art-197/par-2/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-197/par-2/item-2
- art-185-22/par-1/item-1: 次条第一項 → 金融商品取引法 第百八十五条の二十三第一項 (Article 185-23, paragraph (1)), art-185-23/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23/par-1 · https://japanlaw.org/l/323AC0000000025/art-185-23/par-1
- art-185-22/par-1/item-1: 第百八十五条の二十四第一項 → 金融商品取引法 第百八十五条の二十四第一項 (Article 185-24, paragraph (1)), art-185-24/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-24/par-1 · https://japanlaw.org/l/323AC0000000025/art-185-24/par-1
- art-185-22/par-1/item-1: この条 → 金融商品取引法 第百八十五条の二十二 (Article 185-22), art-185-22 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22 · https://japanlaw.org/l/323AC0000000025/art-185-22
- art-185-22/par-1/item-1: 次条 → 金融商品取引法 第百八十五条の二十三 (Article 185-23), art-185-23 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-23 · https://japanlaw.org/l/323AC0000000025/art-185-23
- art-185-22/par-2: 第百五十七条 → 金融商品取引法 第百五十七条 (Article 157), art-157 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-157 · https://japanlaw.org/l/323AC0000000025/art-157

## Cited by

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

- 金融商品取引法 第百八十五条の二十二第一項第一号（不正行為の禁止） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-185-22/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-185-22/par-1/item-1
- 金融商品取引法 第百九十七条第一項第六号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-197/par-1/item-6

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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
