Financial products trading business can be registered by individuals! ?

Hello. This is Masuno from Support Administrative Scrivener Corporation.

In short, the term "financial products trading business" can be divided into the following four types depending on the type of activity performed.

①Type 1 Financial Instruments Transaction Business
②Type 2 Financial Instruments Transaction Business
③Investment management business
④Investment advisory/agency business
　
This time, upon new registration of these financial instruments trading businesses,
The following questions are frequently asked.

Question: "Can I register as an individual rather than a company?"

In conclusion,
Regarding “① Type 1 Financial Instruments Transaction Business” and “③ Investment Management Business”,
The requirement is that the company be a stock company, and individuals cannot register.
　
Also, it is not OK if it is a company organization,
It is also important to note that this is limited to "corporations".
　
On the other hand,Regarding “② Type 2 Financial Instruments Transaction Business” and “④ Investment Advisory/Agency Business”,
Both individuals and corporate organizations can register.

The type of company organization is not limited to a "stock company", so "limited liability company" etc. are also OK.

So, as to whether there are many individual consultations, the reality is that they are decreasing year by year.

This is because in recent years, among the requirements necessary for registration, "organizational and personnel composition requirements" have become stricter.
The applicant,Regardless of whether you are an individual or a company, you are required to "function appropriately as an organization."
　
For example, functions that prevent management from making arbitrary decisions or deviating from laws and regulations in business operations,
It is necessary to balance offense and defense and provide a restraining function.
To meet these requirements,
It becomes necessary to secure a certain number of personnel (multiple people) and establish a department, etc.
When there is only one sole proprietor,
The reality is that it is difficult to meet these organizational and human composition requirements.

In addition, in the case of a sole proprietorship, in documents and advertising media issued to customers (investors),
From the perspective of disclosing personal information, since it includes the "individual's name/address" etc.
Many people avoid personal registration.

We provide support for new financial instruments business registration.
If you're unsure whether to apply as an individual or a company, please feel free to contact us for advice (consultation is free).

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