Enforcement record
Recommendation disclosure naming 三木証券株式会社
This page records one action from a Japanese government disclosure, including the published name, governing law, authority, action details, and official source.
Action type
Recommendation
Law
Financial Instruments and Exchange Act
Authority
Securities and Exchange Surveillance Commission
Action date
15 September 2023
Current page: Enforcement record
This screen focuses on one disclosed action: the published name, governing law, authority, facts, source status, and review evidence.
Source verification
Public-source and preservation status
- Publishing authority
- Securities and Exchange Surveillance Commission
- Official source URL
- Recorded by RegBase
- Entity match
- Not confirmed; shown under the published name
- Kiroku preservation
- Completed archive verified
- Captured: Jul 12, 2026, 02:51 PM JST
“Confirmed” means that RegBase matched this record to the cited public disclosure or entity under the stated checks. It does not verify the truth of the disclosure or guarantee the entity’s current status, creditworthiness, or any legal conclusion.
Open the official source links in the section below to review the original disclosure.
Action summary
- Company
- 三木証券株式会社Japanese onlyOriginal: 三木証券株式会社
- Governing law
- Financial Instruments and Exchange Act金融商品取引法
- Action type
- Recommendation勧告
- Action date
- 15 September 2023
- Issuing authority
- Securities and Exchange Surveillance Commission証券取引等監視委員会
- Industry context
- 証券業
- Affected consumers
- 19
Violation
Situations where solicitation conflicts with the principle of suitability. The company recognized that at least 18 customers lacked the cognitive judgment ability to conduct foreign stock transactions, as evidenced by customers' responses such as incoherent conversations and not recalling conversations from a few minutes prior. Despite this, the company engaged in concluding financial instrument transactions without providing explanations about the risks of foreign stocks in a manner and extent necessary for customer understanding, based on customer attributes. Additionally, during the solicitation of investment trusts investing in emerging country technology-related companies, the company was found to have concluded financial instrument transactions with at least one customer without providing explanations about the product overview and risks in a manner and extent necessary for customer understanding, considering the customer's attributes.
Show original Japanese text
適合性原則に抵触する勧誘が行われている状況 当社は、少なくとも顧客18名に対し、会話がかみ合わない、数分前の会話を覚えていないなどといった顧客の様子から、顧客が少なくとも外国株式取引を行えるほどの認知判断能力を持ち合わせていないと認識していたにもかかわらず、外国株式のリスク等について、顧客属性に照らして顧客に理解されるために必要な方法及び程度による説明を行うことなく金融商品取引契約を締結する行為を行っていた。 また、当社は新興国のテクノロジー関連企業へ投資する投資信託の勧誘に際し、少なくとも顧客１名に対し、当該商品の概要やリスク等について、顧客属性に照らして顧客に理解されるために必要な方法及び程度による説明を行うことなく金融商品取引契約を締結する行為を行っている状況が認められた。
Compliance context
MediumA regulator issued a recommendation or formal request for corrective action.
Financial markets law covering securities, investment services, disclosure, and market conduct.
Review the facts and follow-up status. This is usually less severe than a suspension or revocation, but still a public enforcement signal.
This context is an operational aid for review workflows, not a credit opinion or legal conclusion.
Open original sources and verification detailsOfficial URL, direct PDF, and Kiroku archive
- Extracted at
- 2026-04-24T23:26:10.598+00:00
- Evidence checked
- 2026-04-24T23:26:10.598+00:00
- Archive captured
- 2026-07-12T05:51:45.766924+00:00
Show audit JSON
{
"record": {
"id": "8e1539a2-8d2d-45ba-bb30-fae6c0e858fb",
"url": "https://regbase.jp/en/enforcement/kinshoho-san-mu-zheng-quan-20230915",
"company_name_original": "三木証券株式会社",
"company_name_registry": null,
"corporate_number": null,
"law": {
"ja": "金融商品取引法",
"en": "Financial Instruments and Exchange Act"
},
"action_type": {
"ja": "勧告",
"en": "Recommendation"
},
"authority": {
"ja": "証券取引等監視委員会",
"en": "Securities and Exchange Surveillance Commission"
}
},
"entity_match": {
"status": "unresolved",
"confidence": 85,
"method": "nta_strict_name_nationally_unique",
"method_label": "nta_strict_name_nationally_unique",
"notes": "NTA full-download lookup found a nationally unique exact registered-name candidate (三木証券株式会社). No Corporate Number was present in the disclosure, so this remains a likely match."
},
"review": {
"status": "unreviewed",
"label": "Machine extracted"
},
"compliance_context": {
"severity": "Medium",
"actionMeaning": "A regulator issued a recommendation or formal request for corrective action.",
"practicalNote": "Review the facts and follow-up status. This is usually less severe than a suspension or revocation, but still a public enforcement signal.",
"lawContext": "Financial markets law covering securities, investment services, disclosure, and market conduct."
},
"evidence": {
"recordUrl": "https://regbase.jp/en/enforcement/kinshoho-san-mu-zheng-quan-20230915",
"officialSourceUrl": "https://www.fsa.go.jp/sesc/news/c_2023/2023/20230915-1.html",
"officialDocumentUrl": null,
"archiveUrl": "https://kiroku.today/a/e3e6ca33bchdjtlo",
"archivedSourceUrl": "https://www.fsa.go.jp/sesc/news/c_2023/2023/20230915-1.html",
"archiveCapturedAt": "2026-07-12T05:51:45.766924+00:00",
"extractedAt": "2026-04-24T23:26:10.598+00:00",
"translatedAt": "2026-05-01T06:43:32.968+00:00",
"evidenceCheckedAt": "2026-04-24T23:26:10.598+00:00",
"generatedAt": "2026-10-03T11:02:37.395Z"
},
"limitations": [
"RegBase aggregates public Japanese government disclosures and does not provide a credit opinion.",
"English summaries are provided for reference. The original Japanese source is authoritative.",
"Possible or unresolved entity matches should be manually verified before use in a decision."
]
}The original Japanese disclosure is the authoritative record. Use possible or unresolved matches only as leads for manual review.
Language
日本語版を見る (Japanese)About this recordAggregated and translated from public Japanese government disclosures. The English text is for reference only — authoritative content is the linked Japanese source.