noun
Securities and Exchange Act
Refers to the Japanese law regulating securities transactions, replaced by the Financial Instruments and Exchange Act (金融商品取引法) in 2007. Still encountered in historical or pre-2007 contexts.
証券取引法は、2007年に金融商品取引法に改正された。
The Securities and Exchange Act was revised into the Financial Instruments and Exchange Act in 2007.
The current law that replaced 証券取引法 in 2007, covering a broader range of financial instruments.
Compound of 証券 (securities), 取引 (transactions), and 法 (law).