Home>Notification on "Deadline for Changing Investor Categories" Under the Financial Instruments and Exchange Law

Notification on "Deadline for Changing Investor Categories" Under the Financial Instruments and Exchange Law

Notification on "Deadline for Changing Investor Categories" Under the Financial Instruments and Exchange Law

April 1, 2011  Shinsei Securities Co., Ltd.
Specified Investor System
Under the Financial Instruments and Exchange Law, investors are classified into two categories - "Specified Investor" (so-called "professional investor") and "Investor Other Than Specified Investor (hereinafter referred to as "General Investor"). When a customer is classified as "Specified Investor," application of a part of the statutory rules (restriction on activities) to be complied with by securities companies and so forth in offering financial products to the customer will be exempted for the purpose of facilitating smooth and efficient transactions. When a customer is classified as "General Investor", application of the restriction on activities will not be exempted for the purpose of ensuring investor protection.
When a customer meets certain requirements, the customer may apply for a change of its status from "General Investor" to "Specified Investor" or from ""Specified Investor" to "General Investor" for each type of agreement.
*Please note that we may turn down an application for a change of status from "General Investor" to "Specified Investor" depending on the case from the viewpoint of ensuring investor protection.
"Deadline for Changing Investor Categories" of Shinsei Securities
When a customer's application for changing its investor category from "General Investor" to "Specified Investor" is approved by our company, the customer will be classified as "Specified Customer" from the date of our company's approval of the "Deadline for Changing Categories" (hereinafter referred to as the "Deadline"). The "Deadline" is stipulated to mean a day on which one year has passed from the date of our company's approval of the customer's application for each type of agreement; however when a securities company and so forth has publicly announced information such as the Deadline appropriately, it is permitted to set a certain day prior to the said day stated above as the "Deadline."

We, Shinsei Securities, set the September 20 of each year as the "Deadline" stated above.

When the "Deadline" has passed, the investor category of a customer who has changed its category to "Specified Investor" will revert to the investor category prior to the change (i.e. "General Investor"). When a customer requests to be continuously classified as "Specified Investor", please follow the designated procedures.

The Deadline is not set for a customer making an application for a change of its investor category to "General Investor"

If you have any questions, please contact our staff member handling your account.
*This notification is made in accordance with Article 34-2, Paragraph 2 of the Financial Instruments and Exchange Law (including items to which Article 34-4, Paragraph 6 of the said law applies correspondingly) and Article 58 and Article 63 of the Cabinet Order Relating to the Financial Instruments Business Operators and so forth.

Back to Top