Legal Liability of Futures Brokerage Companies for Risks in Standard Agreements that Result in Losses to Customers in Online Trading Investments
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2023, Vol 6, Issue 05
Abstract
The implementation of trading activities is brokered by Futures Brokers, where Futures Brokers, in binding customers use standard agreements that have been prepared by Bappebti. Where the agreement contains an exoneration clause and this violates Law Number 8 Year 1999 concerning Consumer Protection, so that with these violations, it results in losses suffered by customers. The formulation of the problems raised in this study is 1). How do the clauses in the agreement provided by the Futures Brokerage Company which accommodate the risks in the standard online trading investment agreement provide a balance for the parties? 2) How is the Futures Brokerage Company's liability to customers for risks in the standard investment trading agreement agreed upon? This study uses normative legal research methods, namely research by collecting and analyzing secondary data using secondary data sources only, namely books related to the problem, related laws and regulations, related court decisions, legal theories and relevant scholars' doctrine experts, and case studies related to legal issues, the theory used to analyze the theory of Legal Liability Theory, Balance Theory, Legal Certainty Theory and Theory of the Hierarchy of Legislation. The conclusion of this research is that people should be careful in understanding agreements related to online trading investments.
Authors and Affiliations
I Putu Sukayasa Nadi, Johannes Ibrahim Kosasih, Made Wiryani
Keywords
Related Articles
- EP ID EP716470
- DOI 10.47191/ijmra/v6-i5-30
- Views 64
- Downloads 0
The Effect of Product and Brand Image on Purchasing Decisions for Chili Sauce Products ABC Brand Instan in Kediri City
The majority of the population in Indonesia works in the agricultural sector because Indonesia has quite fertile land that can improve the economy in Indonesia throught the agricultural sector. The purpose of this study...
Educating Children through Increasing Interest in Reading Books
The aims of this study is to describe that the development of the era which is increasing in this digital era requires parents to pay more attention to the development of their children's personality, especially in the f...
Solving Ordinary Differential Equations with Boundary Conditions Numerically
This article elucidates the method and implementation of finite differences, aiming to enhance clarity for students and provide detailed insights into its application, as many authors assume a pre-existing understanding...
Ideologems in Xi Jinping’s Political Discourse (Concepts 中国梦想 "Chinese Dream" and 类命运共同 "Community of the Common Destiny of Mankind")
The semantic and cognitive features of some new sociopolitical ideological terms are examined in terms of political discourse, the formation and development, the interaction of the concepts of Xi Jinping 中国梦想 "Chine...
The Adoption and Diffusion Process of Sustainable Agribusiness Management through the Role of Vocational High School Graduates
Unsustainable agricultural development has an impact on land damage, decreased water quality, increased critical land and it is hoped that agriculture will transform towards sustainable agriculture. Sustainable agricultu...