PERLINDUNGAN INVESTOR DALAM HUKUM PASAR MODAL BERORIENTASI DALAM PENINGKATAN PEREKONOMIAN NEGARA INDONESIA

Abstract

The capital market in Indonesia formally began in 1912 with the establishment of the Vereniging voor de Effectenhandel. Over time, the capital market has become a vital source of funding for companies and an investment avenue for the public, significantly contributing to Indonesia’s economic growth. Following the establishment of the Indonesia Stock Exchange (IDX) in 2007 and the Financial Services Authority (OJK) in 2011, capital market regulations have been strengthened to protect investors, enhance investor confidence, and support economic stability. Investor protection includes mechanisms such as the Investor Protection Fund, designed to safeguard assets from risks like broker bankruptcy. However, challenges such as fragmented infrastructure, low financial literacy, slow technology adoption, and the need for increased competitiveness still hinder growth. Through effective regulations and stringent oversight by OJK and IDX, investor protection is expected to strengthen, fostering increased investment and supporting Indonesia’s economic development.