https://legal.excellentwiki.com/japan/securities-law/Recent content in Securities Law on ExcellentWiki - Legal EncyclopediaHugoen-USTue, 07 Jul 2026 00:00:00 +0000https://legal.excellentwiki.com/japan/securities-law/japan-securities-law/Tue, 07 Jul 2026 00:00:00 +0000https://legal.excellentwiki.com/japan/securities-law/japan-securities-law/<h2 id="the-financial-instruments-and-exchange-act">The Financial Instruments and Exchange Act</h2> <p>Japanese securities law is codified principally in the <strong>Financial Instruments and Exchange Act</strong> (FIEA, <em>Kinyū Shōhin Torihiki Hō</em>, 1948). Originally enacted as the Securities and Exchange Act (modelled on the US Securities Exchange Act of 1934), the statute underwent comprehensive revision between 2006 and 2008 and was renamed. The FIEA consolidates regulation of securities offerings, trading, market intermediaries, and investment management under a single framework reflecting cross-sectoral functional regulation. It defines &ldquo;financial instruments&rdquo; broadly to encompass traditional securities, derivatives, structured products, and collective investment schemes, ensuring the regulatory perimeter extends to innovative products without case-by-case amendment.</p>