Legal Protection of Investors in the Capital Market

Abstract

The existence of the capital market in Indonesia is one of the important factors and supports the implementation of national development in order to increase the equalization, growth, and stability of the national economy in the direction of improving the welfare of the people. In order to carry out this strategic role, the capital market needs to be supported by adequate infrastructure, a solid legal framework, and the professional attitude of capital market participants. In the implementation of legal partisanship over the interests of investors in the capital market, the principles of information disclosure must be carried out in all aspects that take place in the capital market. Capital market crimes such as fraud, manipulation, insider trading are very disturbing and detrimental to the interests of investors. This research uses normative juridical approach methods and is supported by empirical research. This research is mainly carried out through secondary data, in the form of literature research conducted on legal materials in the form of primary, secondary and tertiary legal materials. The data collection method used is literature studies and document studies, namely studying primary and secondary legal materials related to law enforcement against criminal acts that occur in the Capital Market which are then processed based on identification, classification, systematic and analysis. In accordance with the method of normative juridical approach that emphasizes secondary data, the strategy or approach used in conducting data analysis is a qualitative analysis method. In the research it was produced that law enforcement against criminal acts that occur in the capital market has not been optimal, with many cases that are not resolved to the court due to various factors. In fact, this is a priority in realizing an accountable capital market that has a strategic role in national development as one of the sources of financing and investment vehicles for the community.

Keywords: Capital Market, Legal Protection, Law Enforcement, Investor, Investigator.

DOI: 10.7176/JLPG/120-08

Publication date: April 30^th 2022