Dilema Fiduciary Duty Theory dan Misappropriation Theory Dalam Kejahatan Pasar Modal di Indonesia

Emir Adzan Syazali

Abstract


Crime in the capital market is a matter of great urgency for every investor in ensuring legal certainty involving in Indonesia many cases that have occurred in the capital market that have not reached court, this has many causal factors starting from company organs related to information in public offerings and OJK in this case as the supervisor of the capital market because of the problem of Implications of Fiduciary Duty Theory and Misappropriation Theory in capital market crimes in Indonesia. writing using normative juridical legal methods, namely library law research and the results of research on the Capital Market Law need to be revised to suit the times. By comparing the two theories above, and analyzing articles 95 and 97 UUPM which regulate legal subjects, it can be seen that Fiduciary duty has weaknesses and results in legal loopholes exacerbated by the rapid advancement of technology so that an outsider who accidentally obtains material information/facts is very likely to be free from insider trading in Indonesia.

Keywords


Misappropriation Theory, Fiduciary Duty Theory, Kejahatan, Pasar Modal.

Full Text:

PDF

References


A. Buku

Joko Sriwidodo, Penegakan hukum terhadap Insider trading di pasar modal dan upaya perlindungan terhadap investor, CV Bams Mediatama, 2013.

Lawrence M. Friedman, American Law An Introduction (Second Edition), PT Tata Nusa, Jakarta 2001.

MS. Tumanggor, Penegakan Hukum atas kejahatan insider trading di pasar modal sebagai suatu pengembangan ekonomi Indonesia, Bekasi, F. Media. 2020

Munir Fuady, Pasar Modal Moderen: Suatu Tinjauan Hukum, Bandung: Citra Aditya Bakti 2021

Najib A. Gisymar, Insider trading dalam Transaksi Efek, Bandung; PT. Citra Aditya Bakti, 1999

Sentosa Sembiring, Hukum Pasar Modal, Bandung, Nuansa Aulia, 2019

Tjiptono Darmadji dan Hendi M. Fakhrudin, Pasar Modal di Indonesia: Pendekatan Tanya Jawab, Jakarta: Salemba Empat. 2006.

B. Artikel

Ardian Junaedi, “Tindak pidana Insider trading dalam praktik pasar modal Indonesia”, Media Luris; Jurnal Hukum, 3, 3, (2020) 301

Firman, Darminto “Aspek Hukum Praktik Insider trading Terhadap Investor dalam Pasar Modal di Indonesia” Ius Constituendum: Jurnal Hukum, 6 (2021) 202

Nur Faiz&Muh Ali, “Perlindungan Huku Bagi Investor terhadap Insider trading dalam prespektif undang-undang nomor 8 Tahun 1995 tentang pasar modal” universitas surabaya Jurnal Hukum; 1, 1 (2012) 1

M. Irsan Nasarudin dan Arman Nefi, Kejahatan dan Pelanggaran di bidang Pasar Modal, Makalah disampaikan pada kuliah hukum pasar modal, Depok 8 Desember 2006. 3.

Suwinto johan, Ariawan, dkk. “Insider trading law of the republic of indonesia Number 8 of 1995 on capital Market from typewriters to Digital Era”. Novelty; Jurnal Hukum, 13, 1 (2002) 17. 21

C. Internet

http://business-law.binus.ac.id/2021/07/18/insider-trading-dan-kendalanya-di-pasar-modal/. Diakses tanggal 28/08/2023.

https://finance.detik.com/bursa-dan-valas/d-3607437/insider-trading-sulit-dibuktikan-bei-di-as-saja-butuh-bertahun-tahun. Diakses pada tanggal 28 Januari 2023

www.hukumonline.com.berita/baca/lt4dc46f2e0b77c/Bapepam-akui-sulit-buktikan-Insider-Trading, diakses tanggal 29 Agustus 2023

D. Peraturan Perundang-Undangan

Republik Indonesia. Undang-Undang Nomor 8 Tahun 1995 tentang Pasar Modal

Republik Indonesia. Undang-Undang Nomor 15 tahun 1952 tentang Penetapan "Undang-undang Darurat tentang Bursa

Keputusan Menteri nomor 1548/KMK.013/1990 tentang Pasar Modal




DOI: http://dx.doi.org/10.33087/legalitas.v15i2.510

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Legalitas: Jurnal Hukum Published by Program Magister Ilmu Hukum Universitas Batanghari Jambi
Adress: Pusat Penelitian dan Pengembangan Hukum, Program Magister Ilmu Hukum, Jl. Slamet Ryadi, Kec. Telanaipura, Broni-Jambi, Kodepos: 36122, email: legalitas.unbari[at]gmail.com

Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.