Law Enforcement Against Binary Option Trading Affiliators

DOI

10.2991/978-2-494069-23-7_14How to use a DOI?

Keywords

Law Enforcement; Trading; Affiliator Binary Option

Abstract

The development of the capital market cannot be separated from the needs and influence of investors. The capital market itself is based on three factors, namely income, liquidity, and investment security. Capital market regulators and stakeholders of the capital market industry must work together to realize these three things in the Indonesian capital market for investors who are interested in investing in the Indonesian capital market. With the increasing interest of investors in investing their capital, various trading sites have emerged that try to accommodate the wishes of these investors, one of which is known as two systems, namely forex trading and binary options. These two systems can be the choice of investors as a means of investing their capital with the benefits and risks offered by each of these systems. Recently, there have been many problems related to investors or traders who feel disadvantaged and cheated because they use the binary option trading system, whose activities only need to predict whether the market direction will be high or low within a period of three or fifteen minutes without the need to consider leverage, spread, or margin. Moreover, the news is developing that there is a binary option affiliate whose job is to attract traders who will later get a commission of seventy percent of the total loss and loss of capital from all the capital issued by traders who play binary options. Affiliates of binary options platforms can be imprisoned for inviting and teaching the public about misguided investments. Especially if they are caught benefiting from losses suffered by others. This article will discuss related law enforcement actions against these binary options trading affiliates.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Anis Rifai
AU  - Aurora Jillena Meliala
PY  - 2022
DA  - 2022/12/09
TI  - Law Enforcement Against Binary Option Trading Affiliators
BT  - Proceedings of the International Conference on Law Studies (INCOLS 2022)
PB  - Atlantis Press
SP  - 148
EP  - 157
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-23-7_14
DO  - 10.2991/978-2-494069-23-7_14
ID  - Rifai2022
ER  -