JSDA at a Glance
Japan Securities Dealers AssociationFebruary 2019

Start from what we can do!
Japanese securities industry supports SDGs!

Profile, Missions and Functions
The Japan Securities Dealers Association (JSDA) functions
as a self-regulatory organization (SRO) and as an interlocutor
for the securities industry. Its legal status is as a FinancialInstruments Firms Association authorized by the Prime
Minister, pursuant to Article 67-2, Paragraph 2, of theFinancial Instruments and Exchange Act. The members of theOrganizational
Structure
Sustainable DevelopmentGoals (SDGs)
The United Nations adopted the Sustainable Development Goals(SDGs) in 2015 to be achieved by 2030.
The JSDA and the entire Japanese securities industry make aconcerted effort to contribute to the SDGs.
Please visit the JSDA website for more details.
http://www.jsda.or.jp/en/activities/SDGs/index.html

JSDA consist of securities firms, banks, and other financial

market intermediaries, aiming to protect investors by ensuring
fair securities transactions. Its self-regulatory functions

Public Governors
Regular Member Governors
Special Member Governor

History

May 1949:RetailwasBusiness CounThe Japan Securities Dealers Joint Associationestablished.
Wholesale Business

July 1973:

The Japan Securities Dealers Association (JSDA) was
Individual Investors S
newly established (the Japan Securities Dealers Joint
District Council
Association and local securities dealers associations
were dissolved).

Committee

further activate the market.

Securities Industry C

Internet Brokers Cou

Head Officeindustry, the government, and other related parties; conducts
and promotes investor education; and implements studies toFinancial Sub

According to the policy of “one association perSecurities Strat
Financial securities
Literacydealers&prefecture”,
associations wereEducationSupportestablishedin many
local districts.

action, accreditation of sales representatives, and dispute

The JSDA also provides vehicles for policy dialogue among theGeneral Af

Chairman and CEO
Vice-Chairmen
Senior Managing Director

1940-1941:

encompass rulemaking, enforcement, inspection, disciplinary
mediation.

Regular Member Audito
Standing Auditor

Board of Governors

institutions operating securities businesses in Japan.
As a fully empowered SRO, the JSDA extensively regulates

Board of Auditors

General Assembly

SDGs (Sustainable Development Goals) Promotion HQ
The JSDA was recognized from a corporate juridical

July 1992:

person underSDGs Promotion
Officethe Civil Code to an authorizedcorporation under the Securities and Exchange Law.
Financial institutions authorized to undertake

April 1994:

Members

securities
specialPolicy Making
HQ business joined the JSDA asFinancial
Literacy &members.
Education Support HQ

Planning Div.
The JSDA entrusted the operation of the OTC Stock
Securities Taxation Div.
Promotion& Dissemination D
Market to JASDAQ Inc., a market operationcompany.
Public Relations Div.
Financial Literacy &Investment
Fraud
Calladopted
Center its new organizational
July 2004:
TheJSDA
structure
Education
Support Center
Research Div. consisting of three departments.
International Affairs Div.

February 2001:

As of February 1, 2019, JSDA consists of 478 members thatfall into three categories as follows;
1. Regular Members (265): Securities firms, etc.

December 2004:

2. Specified Business Members (8): Financial instruments
business operators exclusively dealing with: (i) specified
OTC derivatives transaction, etc. and (ii) equity-based
crowdfunding platforms.
3. Special Members (205): Banks, insurance companies, etc.
conducting securities business.

The JSDA closed the OTC Stock Market.
JASDAQ
MemberRelations HQstarted business as a stock exchange.

Administration HQ

September 2007:

Member Relations Div.

With the implementation of the Financial Instruments

Security Policy Center
General AdministrationDiv.
and ExchangeAct, the JSDA became
an Authorized
Personnel Div. Financial Instruments Firms Association. BCP Office
Accounting Div.
February 2010:
The JSDA entrusted the tasks of handling customers’
IT Governance Div.
complaints, offering consultation, and providing
System Risk Management Div.
mediation services to resolve disputes over securities
Legal Div.

transactions to the Financial Instruments Mediation

Center (FINMAC).
Internal AuditingAssistanceDiv.
July 2011:

The JSDA established the Financial Literacy &Education SupportCommittee within the organization
Tokyo, Osaka, Nagoya, Hokkaido, Tohoku,
to support financial and securities education from aDistrict Offices
Hokuriku, Chugoku, Shikoku, Kyushu
neutral and fair stance.

Organizational Structure
Sales Representative Examination Committee
Incident Confirmation Committee
Board of Auditors

General AssemblyComplaint Review Council

Regular Member Auditors
Standing Auditor

Board of Governors
Public Governors
Regular Member Governors
Special Member Governor

Chairman and CEO
Vice-Chairmen
Senior Managing Director

Financial Literacy &Education SupportCommittee

Head Office

General Affairs Committee
Financial Sub-Committee

Securities Strategy Board

Self-regulation Board

Code of ConductCommittee

Securities Industry Council

Disciplinary Committee
Sales Representative Disciplinary Committee
Self-regulatory Planning Sub-Committee
Equity Sub-Committee
Bonds Sub-Committee
Financial Instruments Sub-Committee
International Advisory Committee

Retail Business Council
Wholesale Business Council
Internet Brokers Council
Individual Investors Support Council

District Council

SDGs (Sustainable Development Goals) Promotion HQ
SDGs Promotion OfficeFirewall

Self-regulation HQ
Policy Making HQ
Planning Div.
Securities Taxation Div.
Public Relations Div.
Investment Fraud Call Center
Research Div.
International Affairs Div.

Administration HQ
General Administration Div.
Personnel Div.
Accounting Div.
IT Governance Div.
System Risk Management Div.
Legal Div.

Financial Literacy &Education Support HQ
Promotion & Dissemination Div.
Financial Literacy &Education Support Center

Member Relations HQMember Relations Div.
Security Policy Center
BCP OfficeInternal Auditing Div.

District Offices

Tokyo, Osaka, Nagoya, Hokkaido, Tohoku,Hokuriku, Chugoku, Shikoku, Kyushu

Self-regulatory Planning Div.
Personal Information Monitoring Office
J-IRISS Promotion Office
Equity Market Div.
Bonds & Financial Products Div.
Market Statistics Office
Sales Representative Examination Review Div.

Inspection HQ
Inspection Div.1
Inspection Div.2 (Monitoring)Special Inspection Office

Qualification & Discipline HQ
Disciplinary Examination Div.
Personal Information Consultation Office
Sales Representative Examination & Registration Div.
Education & Training Div.
IOSCO Affairs Office

As of February 1, 2019

International Activities
In response to the globalization of the securities markets,
the JSDA actively participates in international conferencesand exchanges information to deepen relationships withoverseas organizations related to the securities industry.
The JSDA is now involved in a number of international
forums including the International Organization of Securities
Commissions (IOSCO), the International Council of Securities
Associations (ICSA), and the Asia Securities Forum (ASF).
In addition, the JSDA actively promotes the Japanese
securities market abroad to provide global investors with
opportunities to review Japan’s potential and examine
possibilities for the future.

Head Office
Address: 2-11-2, Nihombashi, Chuo-ku,
Tokyo 103-0027 JapanTel:+81-3-6665-6764

Fax:+81-3-6665-6808

Website: www.jsda.or.jp/en/index.html