PERLINDUNGAN HUKUM BAGI INVESTOR TERHADAP KERENTANAN SISTEM PADA PERDAGANGAN SAHAM BERBASIS AI
Keywords:
Legal Protection, Investors, , Artificial Intelligence, Capital Markets, System SecurityAbstract
Artificial Intelligence (AI)-based stock trading is a technological innovation that has transformed the way investors interact with the capital market. Algorithmic and machine learning-based systems enable automated decision-making with high speed and accuracy. However, this development also presents new challenges in the form of cybersecurity risks, algorithmic bias, and the potential for market manipulation that have not been fully addressed by legal regulations in Indonesia. This study aims to analyze the forms of legal protection for investors regarding the vulnerabilities of AI-based stock trading systems and to evaluate the effectiveness of regulations implemented by the Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX). This study uses a normative juridical method with a statutory and conceptual approach, through an analysis of the Capital Market Law, the Consumer Protection Law, and OJK Regulations concerning electronic systems in the financial sector. The results show that although a basic legal framework for investor protection is in place, protection mechanisms against risks stemming from AI technology failures remain unspecified. Therefore, regulatory updates based on risk governance and an AI accountability framework are needed to create legal certainty and secure digital trading systems in the future.
Downloads
References
Abdullah, H. (2020). Perlindungan Hukum Wakaf Saham Di Perseroan Terbatas. In Repository.Uinjkt.Ac.Id.
Angelica, B. (2023). Analisis Perlindungan Hukum bagi Investor Asing atas Penggunaan Tanah di Ibu Kota Nusantara Berdasarkan Undang-Undang Penanaman Modal dan Peraturan Dasar Pokok Agraria. Mutiara: Multidiciplinary Scientifict Journal, 1(8). https://doi.org/10.57185/mutiara.v1i8.66
Azzahra, K. R. (2021). Perlindungan Hukum Bagi Investor Dalam Transaksi Bitcoin. Skripsi, UIN Walisongo Semarang.
Bangun, E. R. (2021). REGULASI PENAWARAN SAHAM BERBASIS EQUITY CROWDFUNDING (ECF) SERTA PERBANDINGAN TERHADAP INITIAL PUBLIC OFFERING (IPO). TANJUNGPURA LAW JOURNAL, 5(2). https://doi.org/10.26418/tlj.v5i2.43048
Beno, J., Silen, A. ., & Yanti, M. (2022). pentingnya perlindungan data di indonesia sebagai upaya tanggungjawab hukum atas kebocoran data. Braz Dent J., 33(1).
Enriko, I. K. A., Gustiyana, F. N., & Putra, R. H. (2023). Komparasi Hasil Optimasi Pada Prediksi Harga Saham PT. Telkom Indonesia Menggunakan Algoritma Long Short Term Memory. JURNAL MEDIA INFORMATIKA BUDIDARMA, 7(2). https://doi.org/10.30865/mib.v7i2.5822
Erfinda Septiana, E. S. (2023). Peran Otoritas Jasa Keuangan Terhadap Transaksi Efek Pada Bursa Efek Indonesia. JURNAL HUKUM PELITA, 4(1). https://doi.org/10.37366/jh.v4i1.2317
Fadlia, D. H., & . Y. (2015). PERAN OTORITAS JASA KEUANGAN (OJK) DALAM PERLINDUNGAN HUKUM BAGI INVESTOR ATAS DUGAAN INVESTASI FIKTIF. LAW REFORM, 11(2). https://doi.org/10.14710/lr.v11i2.15768
Haidar, F. (2015). Perlindungan Hukum Bagi Investor Terhadap Praktik Kejahatan Insider Trading Pada Pasar Modal di Indonesia. JURNAL CITA HUKUM, 3(1). https://doi.org/10.15408/jch.v2i1.2311
Hermawanti, K., Sopiyanti, I. N., Nufus, H. Z., & Kuswandi, K. (2022). Perlindungan Hukum Terhadap Investor pada Investasi Illegal Secara Online dalam Perspektif Viktimologi. Ajudikasi : Jurnal Ilmu Hukum, 6(2). https://doi.org/10.30656/ajudikasi.v6i2.4687
Irawan, A. A. A. M. K., & Widiatedja, I. G. N. P. (2016). Perlindungan Hukum Dalam Sistem Perdagangan Tanpa Warkat Terhadap Pihak Penerima Gadai. Kertha Semaya: Journal Ilmu Hukum, 4(3).
Kasim, A. (2018). N HUKUM BAGI INVESTOR SAHAM SYARIAH YANG PERLINDUNGAN HUKUM BAGI INVESTOR SAHAM SYARIAH YANG DELISTING DARI DAFTAR EFEK SYARIAH (PERSPEKTIF MASHLAHAH). In Universitas Islam Negeri Sunan Kalijaga (Vol. 6, Issue 1).
Luthfiansyah, R., & Wasito, B. (2023). Penerapan Teknik Deep Learning (Long Short Term Memory) dan Pendekatan Klasik (Regresi Linier) dalam Prediksi Pergerakan Saham BRI. Jurnal Informatika Dan Bisnis, 12(2). https://doi.org/10.46806/jib.v12i2.1059
Mena Amertha, N. Della, & Anwar, A. S. (2022). Obligasi Syariah di Indonesia Tinjauan Terhadap Jenis dan Penerapan Akad Serta Perlindungan Hukum Bagi Investor. Az-Zarqa’: Jurnal Hukum Bisnis Islam, 13(2). https://doi.org/10.14421/azzarqa.v13i2.2401
Pratiwi, I. (2023). Perlindungan Hukum Bagi Investor Dalam Pelaksanaan Transaksi Saham Dengan Sistem Perdagangan Online Trading. Dharmasisya: Jurnal Program Magister Hukum Fakultas Universitas Indonesia, 2(January).
Puspasari, S. (2020). Perlindungan Hukum bagi Investor pada Transaksi Aset Kripto dalam Bursa Berjangka Komoditi. Jurist-Diction, 3(1). https://doi.org/10.20473/jd.v3i1.17638
Revinka, S. (2021). PENGARUH PANDEMI COVID-19 TERHADAP NILAI PERUSAHAAN PADA SEBELAS SEKTOR DI BURSA EFEK INDONESIA (BEI). JURNAL ACITYA ARDANA, 1(2). https://doi.org/10.31092/jaa.v1i2.1334
Sianipar, B. D. (2019). Peran Pemerintah Dalam Mitigasi Kejahatan Pasar Modal. Journal of Education, Humaniora and Social Sciences (JEHSS), 2(1). https://doi.org/10.34007/jehss.v2i1.68
Suardana, I. N., Mahendrawati, N. L., & Astiti, N. G. K. S. (2020). Perlindungan Hukum Terhadap Investor Berdasarkan Prinsip Keterbukaan oleh Emiten di Pasar Modal. Jurnal Analogi Hukum, 2(2). https://doi.org/10.22225/ah.2.2.1918.182-186
Suherman, A. M. (2005). Aspek Hukum dalam Ekonomi Global (Edisi Revisi), ctk. In Ke-2, Bogor: Ghalia Indonesia.
Sulistyani, R. V. (2021). Perlindungan hak investor dalam transaksi margin oleh perusahaan efek ketika dilakukan force selling. (Doctoral Dissertation, Universitas Pelita Harapan).
Tampubolon, D. W., Gultom, E., & Sudaryat, S. (2022). Perlindungan Hukum Investor Trading Saham Online Ditinjau dari Undang-undang Nomor 8 Tahun 1995 tentang Pasar Modal. JURNAL MERCATORIA, 15(1). https://doi.org/10.31289/mercatoria.v15i1.6865
Waluyo, D. E., Paramita, C., Kinasih, H. W., Rafrastara, F. A., & Pergiwati, D. (2024). Optimasi Investasi di Pasar Saham Indonesia: Meningkatkan Keputusan Investasi dengan Prediksi IHSG menggunakan Decision Tree. ABDIMASKU : JURNAL PENGABDIAN MASYARAKAT, 7(1). https://doi.org/10.62411/ja.v7i1.1876
Zaini, Z. D. (2013). Hubungan Hukum Bank Indonesia Sebagai Bank Sentral Dengan Otoritas Jasa Keuangan ( Ojk ) Pasca. Jurnal Media Hukum, 20(2).
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 wildayanti wildayanti, Rehulina Rehulina

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (Refer to The Effect of Open Access).






