# 金融商品取引法 / Financial Instruments and Exchange Act — 第八十七条の四の二 (Article 87-4-2) - 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: 第八十七条の四の二 (Article 87-4-2)（金融商品取引所による金融商品取引所グループの経営管理） — address `art-87-4-2` - 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-87-4-2 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-87-4-2 - 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. --- ### 第八十七条の四の二（金融商品取引所による金融商品取引所グループの経営管理） — (Business Management of a Financial Instruments Exchange Group by a Financial Instruments Exchange) caption: Ministry of Justice translation — Japanese Law Translation Database System art-87-4-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2 · https://japanlaw.org/l/323AC0000000025/art-87-4-2 **第一項** 金融商品取引所（子会社対象会社を子会社としているものであつて、他の金融商品取引所又は金融商品取引所持株会社の子会社でないものに限る。）は、当該金融商品取引所の属する金融商品取引所グループの経営管理を行わなければならない。 art-87-4-2/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-1 A financial instruments exchange (limited to one that has a company eligible to be a subsidiary company as its subsidiary company and that is not a subsidiary company of any other financial instruments exchange or financial instruments exchange holding company) must manage the business of the financial instruments exchange group to which it belongs. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 前項の「経営管理」とは、次に掲げるものをいう。 art-87-4-2/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2 The term "business management" as used in the preceding paragraph means the following activities: Ministry of Justice translation — Japanese Law Translation Database System **一** 金融商品取引所グループの経営の基本方針その他これに準ずる方針として内閣府令で定めるものの策定及びその適正な実施の確保 art-87-4-2/par-2/item-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-1 formulating the financial instruments exchange group's basic management policy or any other policy specified by Cabinet Office Order as being equivalent to the policy, and ensuring its proper implementation; Ministry of Justice translation — Japanese Law Translation Database System **二** 金融商品取引所グループに属する会社（金融商品会員制法人を含む。）相互の利益が相反する場合における必要な調整 art-87-4-2/par-2/item-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-2 making necessary coordination in the event of a conflict of interests among the companies (including financial instruments membership corporations) that belong to the financial instruments exchange group; Ministry of Justice translation — Japanese Law Translation Database System **三** 金融商品取引所グループの業務の執行が法令に適合することを確保するために必要なものとして内閣府令で定める体制の整備 art-87-4-2/par-2/item-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-3 developing systems specified by Cabinet Office Order as those necessary for ensuring that the execution of services of the financial instruments exchange group comply with laws and regulations; and Ministry of Justice translation — Japanese Law Translation Database System **四** 前三号に掲げるもののほか、金融商品取引所グループの業務の公共性に対する信頼及び健全かつ適切な運営の確保に資するものとして内閣府令で定めるもの art-87-4-2/par-2/item-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-4 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-4 beyond what is set forth in the preceding three items, activities specified by Cabinet Office Order as those that contribute to ensuring the confidence in the public nature and the sound and appropriate management of services of the financial instruments exchange group. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-87-4-2/par-2: 前項 → 金融商品取引法 第八十七条の四の二第一項 (Article 87-4-2, paragraph (1)), art-87-4-2/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-1 - art-87-4-2/par-2/item-4: 前三号 → 金融商品取引法 第八十七条の四の二第二項第一号 (Article 87-4-2, paragraph (2), item (i)), art-87-4-2/par-2/item-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-1 - art-87-4-2/par-2/item-4: 前三号 → 金融商品取引法 第八十七条の四の二第二項第二号 (Article 87-4-2, paragraph (2), item (ii)), art-87-4-2/par-2/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-2 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-2 - art-87-4-2/par-2/item-4: 前三号 → 金融商品取引法 第八十七条の四の二第二項第三号 (Article 87-4-2, paragraph (2), item (iii)), art-87-4-2/par-2/item-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-3 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-3 ## Cited by 5 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第八十七条の二第一項（業務の範囲） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-87-2/par-1 - 金融商品取引法 第八十七条の三第六項（子会社の範囲） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-3/par-6 · https://japanlaw.org/l/323AC0000000025/art-87-3/par-6 - 金融商品取引法 第八十七条の四の二第二項（金融商品取引所による金融商品取引所グループの経営管理） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2 - 金融商品取引法 第八十七条の四の二第二項第四号（金融商品取引所による金融商品取引所グループの経営管理） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-87-4-2/par-2/item-4 · https://japanlaw.org/l/323AC0000000025/art-87-4-2/par-2/item-4 - 金融商品取引法 第百五十四条の二第一項（内閣府令への委任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-154-2/par-1 · https://japanlaw.org/l/323AC0000000025/art-154-2/par-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