Abstract
Various kind of capital market violations show the characteristics of capital market violations that the loss is rarely realized by the investor. Currently, the regulation provides a way to resolve investor loss of capital market and the practice of resolving violations of the law in the capital market through the investor protection regulation is sometimes not satisfactory for the harmed investors. As a step to strengthen the law enforcement instruments, the Financial Services Authority (Otoritas Jasa Keuangan / OJK) issued a Draft Regulation (RPOJK) on OJK regarding Disgorgement and Disgorgement Fund to facilitate investor’s legal protection against losses internally by itself. The purpose is to analyze the disgorgement mechanism regulation plan through the study of RPOJK so that it can be applied as a new settlement in the capital market and suitable with existing ways. The research method uses a normative juridical approach that is through the existing study of the rule of law that apply primary, secondary and tertiary legal materials, also from existing electronic literature. Based on the result of the study, it is concluded the plan of the disgorgement mechanism regulation as a form of refund through administrative mechanism is different from civil compensation and it can be applied as one of the investor’s legal protections because the form of the order in disgorgement as a refund is considered effective, proportional and can be preventive.
Highlights
Various kind of capital market violations show the characteristics of capital market violations that the loss is rarely realized by the investor
The purpose is to analyze the disgorgement mechanism regulation plan through the study of RPOJK so that it can be applied as a new settlement in the capital market and suitable with existing ways
The research method uses a normative juridical approach that is through the existing study of the rule of law that apply primary, secondary and tertiary legal materials, from existing electronic literature
Summary
Metode yang digunakan dalam penyusunan penelitian ini adalah metode penelitian Yuridis Normatif, Soerjono Soekanto mendefinisikan penelitian Yuridis Normatif sebagai suatu metode hukum yang dilakukan dengan meneliti bahan pustaka atau data sekunder sebagai bahan dasar untuk diteliti dengan cara mengadakan penelusuran terhadap peraturan-peraturan dan literatur-literatur yang berkaitan dengan permasalahan yang diteliti. Dengan spesifikasi Deskriptif Analitis yang menggambarkan, menelaah dan menganalisis secara sistematis tentang keadaan tertentu guna menggambarkan suatu keadaan dengan tepat. Bahan Hukum Primer Berupa Peraturan PerundangUndangan yaitu Undang Undang Dasar 1945, Undang-Undang No 8 Tahun 1995 tentang Pasar Modal, Undang Undang No 21 tahun 2011 tentang Otoritas Jasa Keuangan, Kitab Undang-Undang Hukum Perdata, Rancangan Peraturan Otoritas Jasa keuangan Tentang Disgorgement dan Disgorgement fund, serta peraturan perundang-undangan terkait lainnya. Bahan Hukum Sekunder Sebagai bahan yang memberi penjelasan erat hubungannya dengan bahan hukum primer seperti bukubuku ilmu hukum yang ditulis oleh para ahli, hasil penelitian dan hasil karya ilmiah baik yang diambil dari media cetak maupun media elektronik
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
