# 金融商品取引法 / Financial Instruments and Exchange Act — 第二百二条 (Article 202) - 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: 第二百二条 (Article 202) — address `art-202` - 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-202 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-202 - 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. --- ### 第二百二条 art-202 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202 · https://japanlaw.org/l/323AC0000000025/art-202 **第一項** 取引所金融商品市場によらないで、取引所金融商品市場における相場（取引所金融商品市場における金融商品の価格又は利率等に基づき算出される金融指標を含む。）により差金の授受を目的とする行為をした者は、一年以下の拘禁刑若しくは百万円以下の罰金に処し、又はこれを併科する。ただし、刑法第百八十六条の規定の適用を妨げない。 art-202/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-1 · https://japanlaw.org/l/323AC0000000025/art-202/par-1 A person that acts with the aim of paying or receiving the difference in quotations on a financial instruments exchange market (including financial indexes calculated based on prices or interest rates, etc. of financial instruments on a financial instruments exchange market) other than through a financial instruments exchange market, is subject to imprisonment for not more than one year, a fine of not more than one million yen, or both; provided, however, that this does not preclude the application of the provisions of Article 186 of the Penal Code. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の規定は、次に掲げる取引については、適用しない。 art-202/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-2 · https://japanlaw.org/l/323AC0000000025/art-202/par-2 The provisions of the preceding paragraph do not apply to the following transactions: Ministry of Justice translation — Japanese Law Translation Database System **一** 金融商品取引業者（第二十八条第一項に規定する第一種金融商品取引業を行う者に限る。以下この項において同じ。）又は第三十三条第一項に規定する銀行、協同組織金融機関その他政令で定める金融機関が一方の当事者となる店頭デリバティブ取引 art-202/par-2/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-202/par-2/item-1 over-the-counter derivatives transactions in which one of the parties is a financial instruments business operator (limited to one that engages in type-I financial instruments business prescribed in Article 28, paragraph (1); hereinafter the same applies in this paragraph) or a bank, cooperative financial institution, or financial institution specified by Cabinet Order as referred to in Article 33, paragraph (1); Ministry of Justice translation — Japanese Law Translation Database System **二** 金融商品取引業者又は第三十三条第一項に規定する銀行、協同組織金融機関その他政令で定める金融機関が媒介、取次ぎ若しくは代理を行う店頭デリバティブ取引 art-202/par-2/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-202/par-2/item-2 over-the-counter derivatives transactions for which a financial instruments business operator or a bank, cooperative financial institution, or financial institution specified by Cabinet Order as referred to in Article 33, paragraph (1) conducts intermediation, brokerage, or agency; and Ministry of Justice translation — Japanese Law Translation Database System **三** 商品先物取引業者又は商品先物取引法第三百四十九条第一項の届出をした者が一方の当事者となる取引 art-202/par-2/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-202/par-2/item-3 transactions in which one of the parties is a commodity futures transactions dealer or a person that made a notification prescribed in Article 349, paragraph (1) of the Commodity Derivatives Transaction Act. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-202/par-1: 刑法第百八十六条 → 刑法 第百八十六条 (Article 186), art-186 — https://japanlaw.org/ja/penal-code/art-186 · https://japanlaw.org/l/140AC0000000045/art-186 - art-202/par-2: 前項 → 金融商品取引法 第二百二条第一項 (Article 202, paragraph (1)), art-202/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-1 · https://japanlaw.org/l/323AC0000000025/art-202/par-1 - art-202/par-2/item-1: 第二十八条第一項 → 金融商品取引法 第二十八条第一項 (Article 28, paragraph (1)), art-28/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-28/par-1 · https://japanlaw.org/l/323AC0000000025/art-28/par-1 - art-202/par-2/item-1: この項 → 金融商品取引法 第二百二条第二項 (Article 202, paragraph (2)), art-202/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-2 · https://japanlaw.org/l/323AC0000000025/art-202/par-2 - art-202/par-2/item-1: 第三十三条第一項 → 金融商品取引法 第三十三条第一項 (Article 33, paragraph (1)), art-33/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-33/par-1 · https://japanlaw.org/l/323AC0000000025/art-33/par-1 - art-202/par-2/item-2: 第三十三条第一項 → 金融商品取引法 第三十三条第一項 (Article 33, paragraph (1)), art-33/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-33/par-1 · https://japanlaw.org/l/323AC0000000025/art-33/par-1 - art-202/par-2/item-3: 商品先物取引法第三百四十九条第一項 → e-Gov law 325AC0000000239, 第三百四十九条第一項 (Article 349, paragraph (1)), art-349/par-1 — not held in this collection ## Cited by 3 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百四十二条第九項（みなし免許等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-142/par-9 · https://japanlaw.org/l/323AC0000000025/art-142/par-9 - 金融商品取引法 第二百二条第二項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-2 · https://japanlaw.org/l/323AC0000000025/art-202/par-2 - 金融商品取引法 第二百二条第二項第一号 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-202/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-202/par-2/item-1 --- ## 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