# 金融商品取引法 / Financial Instruments and Exchange Act — 第百九十八条の三 (Article 198-3) - 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: 第百九十八条の三 (Article 198-3) — address `art-198-3` - 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-198-3 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-198-3 - 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. --- ### 第百九十八条の三 art-198-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-198-3 · https://japanlaw.org/l/323AC0000000025/art-198-3 **第一項** 第三十八条の二若しくは第三十九条第一項（これらの規定を第六十六条の十五において準用する場合を含む。）、第四十一条の二第二号若しくは第五号又は第四十二条の二第一号、第三号若しくは第六号の規定に違反した場合（第三十八条の二第一号の規定に違反した場合にあつては、当該違反が投資運用業に関して行われたものである場合を除く。）においては、その行為をした金融商品取引業者等若しくは金融商品仲介業者の代表者、代理人、使用人その他の従業者又は金融商品取引業者若しくは金融商品仲介業者は、三年以下の拘禁刑若しくは三百万円以下の罰金に処し、又はこれを併科する。 art-198-3/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-198-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-198-3/par-1 In the case of a violation of the provisions of Article 38-2 or Article 39, paragraph (1) (including as applied mutatis mutandis pursuant to Article 66-15); Article 41-2, item (ii) or (v); or Article 42-2, item (i), (iii), or (vi) (in the case of violation of Article 38-2, item (i), excluding the case in which the violation has been committed in connection with an investment management business), the representative, agent, employee, or any other worker of a financial instruments business operator or financial instruments intermediary service provider that has committed the violation, or the financial instruments business operator or financial instruments intermediary service provider that has committed the violation, is subject to imprisonment for not more than three years, a fine of not more than three million yen, or both. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-198-3/par-1: 第三十八条の二 → 金融商品取引法 第三十八条の二 (Article 38-2), art-38-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-38-2 · https://japanlaw.org/l/323AC0000000025/art-38-2 - art-198-3/par-1: 第三十九条第一項 → 金融商品取引法 第三十九条第一項 (Article 39, paragraph (1)), art-39/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-39/par-1 · https://japanlaw.org/l/323AC0000000025/art-39/par-1 - art-198-3/par-1: 第六十六条の十五 → 金融商品取引法 第六十六条の十五 (Article 66-15), art-66-15 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-66-15 · https://japanlaw.org/l/323AC0000000025/art-66-15 - art-198-3/par-1: 第四十一条の二第二号 → 金融商品取引法 第四十一条の二第一項第二号 (Article 41-2, paragraph (1), item (ii)), art-41-2/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-41-2/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-41-2/par-1/item-2 - art-198-3/par-1: 第五号 → 金融商品取引法 第四十一条の二第一項第五号 (Article 41-2, paragraph (1), item (v)), art-41-2/par-1/item-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-41-2/par-1/item-5 · https://japanlaw.org/l/323AC0000000025/art-41-2/par-1/item-5 - art-198-3/par-1: 第四十二条の二第一号 → 金融商品取引法 第四十二条の二第一項第一号 (Article 42-2, paragraph (1), item (i)), art-42-2/par-1/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-42-2/par-1/item-1 · https://japanlaw.org/l/323AC0000000025/art-42-2/par-1/item-1 - art-198-3/par-1: 第三号 → 金融商品取引法 第四十二条の二第一項第三号 (Article 42-2, paragraph (1), item (iii)), art-42-2/par-1/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-42-2/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-42-2/par-1/item-3 - art-198-3/par-1: 第六号 → 金融商品取引法 第四十二条の二第一項第六号 (Article 42-2, paragraph (1), item (vi)), art-42-2/par-1/item-6 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-42-2/par-1/item-6 · https://japanlaw.org/l/323AC0000000025/art-42-2/par-1/item-6 - art-198-3/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 ## Cited by 1 provision cites this one. No official source publishes this direction. - 金融商品取引法 第二百七条第一項第三号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-207/par-1/item-3 · https://japanlaw.org/l/323AC0000000025/art-207/par-1/item-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