What is OpenID?
Enter your The World of Accounting For Professional Accountants username.
Enter the password that accompanies your username.
Forgot Password? | Login with OpenID

Poll

Best personal finance software?:

States

Articles : 57
Submited Firms : 97
Glossary Words : 3236
Jobs Request : 3
Group Members : 4227
Excel Files : 113
PPT Files : 665
PDF Files : 31

Who's online

There are currently 0 users and 2 guests online.

Japan Securities Dealers Association

Submission of a form on this page may not work as you do not appear to have JavaScript enabled in your browser.
Link: 
Japan Securities Dealers Association
Screenshot: 
http://www.jsda.or.jp/

 

Japan Securities Dealers Association (JSDA) is a hybrid association functioning as a self-regulatory organization (SRO) and as a trade association in the Japanese securities market. Its legal status is a Financial Instruments Firms Association authorized by the Prime Minister pursuant to Article 67-2, Paragraph 2 of the Financial Instruments and Exchange Law (FIEL). Today JSDA comprises more than 500 members consisting of securities firms and other financial institutions operating securities businesses in Japan.
As a full-fledged SRO, JSDA extensively regulates market intermediaries. Its self-regulatory functions cover rule-making, enforcement, inspection, disciplinary actions, accreditation of sales representatives, and dispute mediation.
As a trade association, JSDA acts as the industry’s voice in exchanges with the government and other related parties, conducts and promotes investor education to expand the base of knowledgeable investors, and implements various research programs and studies to generate policy recommendations for further stimulating the market.
 
 
(Purposes)
The purposes of JSDA are to contribute to the protection of investors by ensuring fair and smooth trading in securities or other transactions by Association Members and promoting the sound development of the Japanese financial instruments business.
 
(Types of members)
Association Members are categorized into three groups:
(1) Regular Members: Financial Instruments Firms conducting the First Financial Instruments Business (excluding, however, OTC Derivative Transaction Members stated in (2) below)
(2) OTC Derivative Transaction Members: Financial Instruments Firms conducting the First Financial Instruments Business that only conduct the Specified OTC Derivative Transactions, etc. and those who only conduct the Specified OTC Derivative Transactions, etc. and the OTC Financial Futures Transactions, etc.
(3) Special Members: Registered Financial Institutions* prescribed in Article 2, Paragraph 11 of the FIEL.
* Those who conduct the registered financial institutions business (among the business prescribed in Article 33-2 thereof, those set forth in Item 1 of the said Article (excluding those related to the rights that are set forth in each Item of Article 2, Paragraph 2 thereof and regarded as securities prescribed in the said Paragraph), Item 2 (excluding those related to the rights that are set forth in each Item of Article 2, Paragraph 2 thereof and regarded as securities prescribed in the said Paragraph), or Item 3 (limited to those related to the Specified OTC Derivative Transaction, etc.) or Securities, etc. administration business).
As of 1 April, 2008, Association Members include 319 Regular Members and 220 Special Members. There is no firm registered as OTC Derivative Transaction Members at this time.

 

 

 

No votes yet