Insider Trading in Indonesian Legal Settings

Abstract

Besides giving birth to a new phenomenon that provides many benefits to the economy, the development of the capital market has also led to the emergence of various forms of white-collar crime that have the potential to harm society at large. In contrast to crimes in general which have the potential to cause direct losses, crimes in the capital market are often considered not to cause harm that can be seen clearly and felt directly. The losses caused by this form of crime are not even considered to be calculated with certainty. One of the crimes in the capital market is insider trading or known as Insider Trading. In relation to this research, what will be examined and studied is the legal regulation in Indonesia in relation to the crime of insider trading in the Capital Market. To get answers to existing legal problems, the normative legal research method is used, which is one of the commonly known study methods in the field of legal science to examine the substance of positive law textually (not only on norms, but also principles, even values). Values contained therein).