JURIDICAL ANALYSIS OF THE AUTHORITY OF COMMODITIES TRADING SUPERVISORY AGENCY (BAPPEBTI) TOWARDS FUTURES TRADE CUSTOMERS IN INDONESIA
Abstract
Futures brokers also on their sites or online platforms often commit violations by making promises that are prohibited by the regulations in the field of Futures Trading. For this, the customer needs legal protection, because the violation causes losses for the customer. This study aims to analyze the forms of authority of the Regulatory Body (BAPPEBTI) in commodity futures trading and to analyze the forms and processes of legal protection of customers in futures trading activities at Commodity Futures Trading Brokers or Brokers. This research uses an analytical descriptive method that leads to normative juridical research, then relates it to the applicable laws and regulations. This research was conducted by collecting data from primary data and secondary data, and data analysis using data collection techniques based on applicable laws and regulations. The results of this study indicate that the supervision carried out by BAPPEBTI in the context of supervising the actions of futures brokers who misuse customer funds is preventive supervision which is the supervision of the decisions of government officials. The obstacles faced by BAPPEBTI when carrying out supervision include the fact that many people in the regions do not know who to complain to when there is a violation. Because in these areas there is no representative from BAPPEBTI, only attached to the Ministry of trade.
Keywords: authority, supervision, BAPPEBTI