# 金融商品取引法 / Financial Instruments and Exchange Act — 第百十九条 (Supplementary Provisions, Article 119)

- 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: 第百十九条 (Supplementary Provisions, Article 119) — address `suppl-4181-65/art-119`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-119
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-119
- 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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### 第百十九条
<sup>suppl-4181-65/art-119 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-119 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-119</sup>

**第一項**  旧証券取引法第百六条の二十八第一項又は第二項の規定により認可を取り消され、又は解任を命ぜられた者は、その処分を受けた日において、新金融商品取引法第百六条の二十八第一項又は第二項の規定により認可を取り消され、又は解任を命ぜられたものとみなす。
<sup>suppl-4181-65/art-119/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-119/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-119/par-1</sup>
A person whose authorization has been rescinded or who has been ordered to be dismissed pursuant to the provisions of Article 106-28, paragraph (1) or (2) of the Former Securities and Exchange Act is deemed, on the day of receiving that disposition, to have had the authorization rescinded or to have been ordered to be dismissed pursuant to the provisions of Article 106-28, paragraph (1) or (2) of the New Financial Instruments and Exchange Act.
<sup>machine translation, not official</sup>

**第二項**  施行日前にされた旧証券取引法第百六条の二十八第一項（旧証券取引法第百六条の三十一において準用する場合を含む。）又は第二項の規定による処分は、新金融商品取引法第百六条の二十八第一項（新金融商品取引法第百九条において準用する場合を含む。）又は第二項の規定による処分とみなす。
<sup>suppl-4181-65/art-119/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-119/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-119/par-2</sup>
A disposition made before the effective date pursuant to the provisions of Article 106-28, paragraph (1) of the Former Securities and Exchange Act (including as applied mutatis mutandis pursuant to Article 106-31 of the Former Securities and Exchange Act) or Article 106-28, paragraph (2) of the Former Securities and Exchange Act is deemed to be a disposition made pursuant to the provisions of Article 106-28, paragraph (1) of the New Financial Instruments and Exchange Act (including as applied mutatis mutandis pursuant to Article 109 of the New Financial Instruments and Exchange Act) or Article 106-28, paragraph (2) of the New Financial Instruments and Exchange Act.
<sup>machine translation, not official</sup>

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## Cites
- suppl-4181-65/art-119/par-1: 新金融商品取引法第百六条の二十八第一項 → 金融商品取引法 第百六条の二十八第一項 (Article 106-28, paragraph (1)), art-106-28/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-106-28/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-28/par-1
- suppl-4181-65/art-119/par-1: 第二項 → 金融商品取引法 第百六条の二十八第二項 (Article 106-28, paragraph (2)), art-106-28/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-106-28/par-2 · https://japanlaw.org/l/323AC0000000025/art-106-28/par-2
- suppl-4181-65/art-119/par-2: 新金融商品取引法第百六条の二十八第一項 → 金融商品取引法 第百六条の二十八第一項 (Article 106-28, paragraph (1)), art-106-28/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-106-28/par-1 · https://japanlaw.org/l/323AC0000000025/art-106-28/par-1
- suppl-4181-65/art-119/par-2: 新金融商品取引法第百九条 → 金融商品取引法 第百九条 (Article 109), art-109 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-109 · https://japanlaw.org/l/323AC0000000025/art-109
- suppl-4181-65/art-119/par-2: 第二項 → 金融商品取引法 第百六条の二十八第二項 (Article 106-28, paragraph (2)), art-106-28/par-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-106-28/par-2 · https://japanlaw.org/l/323AC0000000025/art-106-28/par-2

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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
- claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T035921-044, translated 2026-10-23
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
