# 金融商品取引法 / Financial Instruments and Exchange Act — 第三条 (Supplementary Provisions, Article 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: 第三条 (Supplementary Provisions, Article 3) — address `suppl-4291-37/art-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/suppl-4291-37/art-3
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-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.

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### 第三条
<sup>suppl-4291-37/art-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-3 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-3</sup>

**第一項**  この法律の施行の際現に高速取引行為を行っている者（新法第六十六条の五十に規定する金融商品取引業者等及び取引所取引許可業者を除く。）は、施行日から起算して六月を経過する日までの間（その者が当該期間内に同条の登録の申請をした場合には、当該登録又はその拒否の処分までの間）は、同条の登録を受けないでも、引き続き、高速取引行為を行うことができる。
<sup>suppl-4291-37/art-3/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-3/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-3/par-1</sup>
A person that is actually engaged in high-speed trading at the time this Act comes into effect (excluding a financial instruments business operator, etc. prescribed in Article 66-50 of the New Act and an authorized firm for on-exchange transactions) may continue to engage in high-speed trading even without obtaining the registration under that Article, until the day on which six months have passed from the effective date (or, where the person has applied for the registration under that Article within that period, until the registration or the disposition refusing it).
<sup>machine translation, not official</sup>

**第二項**  前項の規定により高速取引行為を行う者についての新法第三十八条第八号の規定の適用については、その者は、同号に規定する高速取引行為者とみなす。
<sup>suppl-4291-37/art-3/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-3/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-3/par-2</sup>
With regard to the application of Article 38, item (viii) of the New Act to a person that engages in high-speed trading pursuant to the provisions of the preceding paragraph, that person is deemed to be a high-speed trader prescribed in that item.
<sup>machine translation, not official</sup>

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## Cites
- suppl-4291-37/art-3/par-1: 新法第六十六条の五十 → 金融商品取引法 第六十六条の五十 (Article 66-50), art-66-50 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-66-50 · https://japanlaw.org/l/323AC0000000025/art-66-50
- suppl-4291-37/art-3/par-2: 前項 → 金融商品取引法 附則第三条第一項 (Supplementary Provisions, Article 3, paragraph (1)), suppl-4291-37/art-3/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-3/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-3/par-1
- suppl-4291-37/art-3/par-2: 新法第三十八条第八号 → 金融商品取引法 第三十八条第一項第八号 (Article 38, paragraph (1), item (viii)), art-38/par-1/item-8 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-38/par-1/item-8 · https://japanlaw.org/l/323AC0000000025/art-38/par-1/item-8

## Cited by

4 provisions cite this one. No official source publishes this direction.

- 金融商品取引法 附則第二条第一項（経過措置） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-2/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-2/par-1
- 金融商品取引法 附則第二条第三項（経過措置） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-2/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-2/par-3
- 金融商品取引法 附則第三条第二項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-3/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-3/par-2
- 金融商品取引法 附則第二十六条第一項（その他の経過措置の政令への委任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4291-37/art-26/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4291-37/art-26/par-1

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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-20261023T035921-056, 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
