The Law Enforcement of Stock Pump and Dump Practices by Influencers through Act No. 4 of 2023 concerning Development and Strengthening of the Financial Sector
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Regulation:
Act No. 8 of 1995 concerning Capital Market .
Act No. 4 of 2023 concerning Development and Strengthening of the Financial Sector.
Indonesia Financial Services Authority Regulation No. 31/POJK.04/2015 concerning the Disclosure of Material Information by Issuers or Public Companies.
Securities Act of 1933.
Securities Exchange Act of 1934.
Publication:
Bjurling, Livia dan Victor Ekstam. (2018). Influencer Marketing’s Effect on Brand Perceptions - A Consumer Involvement Perspective (thesis). Swedia: Lund University School of Economics and Management. p. 23.
Firmansah, Samba Arya Ranu. (2022). Perlindungan Hukum Bagi Investor Terhadap Ajakan Membeli Saham Emiten Oleh Influencer (thesis). Malang: Universitas Islam Malang. p. 5.
The Indonesia Central Securities Depository. (2023). Statistik Pasar Modal Indonesia. Jakarta: Data Statistik KSEI. p. 58.
U.S. Securities and Exchange Commision. (2022). SEC Charges Eight Social Media Influencers in $100 Million Stock Manipulation Scheme Promoted on Discord and Twitter [Press release]. https://www.sec.gov/news/press-release/2022-221#, Accessed on 29 August 2023.
U.S. Department of Justice. (2022). Eight Men Indicted for $114 Million Securities Fraud Scheme Orchestrated Through Social Media [Press Release]. https://www.justice.gov/opa/pr/eight-men-indicted-114-million securities-fraud-scheme-orchestrated-through-social-media, Accessed on 29 August 2023.
DOI: http://dx.doi.org/10.30659/ldj.5.4.496-514
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