Main Article Content

Abstract

This research aims to find out about how the form of legal protection for public investors against insider trading cases and to find out how the efforts made by the OJK or other institutions in handling insider trading cases. This type of research is normative legal research. The approach method used is a legal approach or approach based on legislation. The data sources obtained consist of secondary data sources through primary legal materials, secondary legal materials, and tertiary legal materials. The results of this study are first, In the Insider Trading case committed by Rajiv Louis, it fulfills all the elements of Insider Trading regulated in Article 95 of Law Number 8 of 1995. The form of protection or law enforcement in regulating insider trading includes three things, namely civil, criminal and administrative enforcement. The capital market law itself has provided a basis for law enforcement as a protection effort for any violations in capital market activities, namely the existence of administrative sanctions (Article 102 of the capital market law), criminal sanctions (Article 110 of the capital market law), civil sanctions (Article 111 of the capital market law). The form of legal protection itself can be in the form of legal structure and legal substance, both of which are interconnected to provide legal certainty and protection. Second, the role of OJK in this case

Keywords

Law protection Insider trading

Article Details

References

  1. Budi Untung, Hukum Bisnis Pasar Modal, Penerbit Andi, Yogyakarta, 2011
  2. Inda Rahadiyan S.H., M.H., Pokok-Pokok Hukum Pasar Modal di Indonesia, UII Press Yogyakarta, Yogyakarta, 2017
  3. Bismar Nasution, Keterbukaan dalam Pasar Modal, Fakultas Hukum Universitas Indonesia Program Pasca Sarjana, 2001
  4. Gisymar, N. A., Insider Trading dalam Transaksi Efek, Citra Aditya Bakti, Bandung, 1999
  5. Jonny Ibrahim, Teori dan Metodologi Penelitian Hukum Normatif, Bayu Media, Surabaya, 2005
  6. Peter Mahmud Murzaki, Penelitian Hukum, Kencana, Jakarta, 2008
  7. Syprianus A, Penegakan Hukum Terhadap Insider Trading di Pasar Modal dan Upaya Perlindungan Terhadap Investor, Badan Pembinaan Hukum Nasional Kementrian Hukum dan Hak Asasi Manusia RI, Cililitan, 2011
  8. M. Irsan Nasarudin, Aspek Hukum Pasar Modal Indonesia, Kencana, Jakarta, 2014
  9. Soedjono Dirdjosisworo, Pengantar IlmuHukum, Raja Grafindo Persada, Jakarta, 2000.
  10. Depri Liber Sonata, “Metode Penelitian Hukum Normatif dan Empiris : Karakteristik Khas Dari Metode Penelitian Hukum’, Fiat Jusisia Jurnal Ilmu Hukum, Volume 8 No.1, Fakultas Hukum Universitas Lampung, 2014
  11. Undang Undang No.8 Tahun 1995 tentang Pasar Modal
  12. Raffles, S.H., M.H. Analisis Penerapan Prinsip Keterbukaan di Pasar Modal dalam Kaitannya dengan Pengelolaan Perusahaan yang Baik, terdapat dalam https://media.neliti.com/media/publications/43194-ID-analisis-penerapan-prinsip-keterbukaan-di-pasar-modal-dalam-kaitannya-dengan-pen.pdf diakses pada 3 April 2023, pukul 10.00
  13. https://ajaib.co.id/mengenal-insider-trading-dan-kasusnya-di-indonesia/ , diakses pada 3 April 2023, pukul 11.00
  14. https://www.cnnindonesia.com/ekonomi/20151016132758-92-85309/kasus-insider-trading-saham-danamon-bei-temui-ubs-indonesia, diakses pada 3 April 2023, pukul 13.00
  15. https://www.bareksa.com/berita/berita-ekonomi-terkini/2017-09-28/jalan-panjang-padi-kuasai-bank-muamalat-ada-indikasi-insider-trading/amp , diakses pada 3 April 2023, pukul 14.00
  16. https://amp.kontan.co.id/news/ojk-usut-dugaan-insider-trading-saham-minna-padi, diakses pada 3 April 2023, pukul 15.00