Legal Basis For Investors Using Stock Applications Who are Experiencing Stock Application Disruptions

Yosua Kristianto Laksono

Abstract


Technological advances in Indonesia have introduced stock application technology, making it easier for investors to transact shares in the capital market. On July 22, 2022, the number of investors in the Indonesian capital market was 9.1 million people, with an average daily transaction of Rp. 16.1 Trillion. However, the development of this stock application was also followed by several new problems, such as the stock application experiencing disruptions such as a crash application, the stock application needing help to carry out buying and selling activities, and investors unable to enter the application. From this problem, a formulation of the problem is taken, namely, what form of legal protection does the investor using the stock application have in the face of disruption to the stock application? This research uses a sociolegal approach and a normative approach. The results obtained are that although the Civil Code and laws do not directly regulate stock applications, investors who experience problems with stock applications receive protection from the Civil Code Article 1365 BW, Law Number 8 of 1995 concerning Capital Markets, Law Number 8 concerning Consumer Protection and Law Number 21 of 2011 concerning the Financial Services Authority, Financial Services Authority Regulation Number 49/POJK.04/2016, Financial Services Authority Regulation Number 65/POJK.04/2020, and Financial Services Authority Regulation Number 3/ POJK.04/2021.

Keywords


Capital Market, Remote Trading, Stock Application

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References


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DOI: http://dx.doi.org/10.31958/jeh.v8i1.9277

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