# 金融商品取引法 / Financial Instruments and Exchange Act — 第百九十七条の三 (Article 197-3) - 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: 第百九十七条の三 (Article 197-3) — address `art-197-3` - 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-197-3 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-197-3 - 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. --- ### 第百九十七条の三 art-197-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197-3 · https://japanlaw.org/l/323AC0000000025/art-197-3 **第一項** 第三十八条の二第一号の規定に違反した場合（当該違反が投資運用業（第二十八条第四項に規定する投資運用業をいう。以下この章において同じ。）に関して行われたものである場合に限る。）においては、その行為をした金融商品取引業者等の代表者、代理人、使用人その他の従業者は、五年以下の拘禁刑若しくは五百万円以下の罰金に処し、又はこれを併科する。 art-197-3/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-197-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-197-3/par-1 In the cases of violating Article 38-2, item (i) (limited to cases in which the violation has been committed in connection with an investment management business (meaning the investment management business prescribed in Article 28, paragraph (4); hereinafter the same applies in this Chapter)), a representative, an agent, an employee, or any other worker of a financial instruments business operator, etc. that has committed that act is subject to imprisonment for not more than five years or a fine of not more than five million yen, or both. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-197-3/par-1: 第三十八条の二第一号 → 金融商品取引法 第三十八条の二第一項第一号 (Article 38-2, paragraph (1), item (i)), art-38-2/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-38-2/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-38-2/par-1/item-1 - art-197-3/par-1: 第二十八条第四項 → 金融商品取引法 第二十八条第四項 (Article 28, paragraph (4)), art-28/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-28/par-4 · https://japanlaw.org/l/323AC0000000025/art-28/par-4 ## Cited by 2 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第二百七条第一項第二号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-207/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-207/par-1/item-2 - 金融商品取引法 第二百七条第二項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-207/par-2 · https://japanlaw.org/l/323AC0000000025/art-207/par-2 --- ## 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