Financial Instruments and Exchange Act

The Financial Instruments and Exchange Act (金融商品取引法, Kin'yū shōhin torihiki-hō), is a Japanese law that is the main statute codifying securities law and regulating securities companies in Japan. It was promulgated on June 14, 2006.

The law provides for:

• Registration and regulation of broker dealers and their registered representatives
• Corporate financial disclosure obligations applicable to public companies, investment trusts and similar entities
• Tender offer rules
• Disclosure obligations applicable to large shareholders in public companies
• Internal controls in public companies; in this role the law is often referred to as J-SOX, a reference to the American Sarbanes-Oxley Act (SOX).