POSITION OF SECURITIES INVESTOR PROTECTION FUND (SIPF) IN OPTIMIZATION OF INVESTOR PROTECTION OF LOSSES BECAUSE ITS CORPORATE EFFECTS IN CAPITAL MARKET CONNECTED WITH CAPITAL MARKET IN INDONESIA

Capital Market aims to support the implementation of national development in order to improve the distribution, growth and stability of the national economy towards the improvement of people's welfare. Therefore, investor protection should be protected. Investors protection is accommodated by Securities Investor Protection Fund (SIPF) as the organizer of capital protection fund in the capital market in Indonesia. This research aims to: (1) Knowing the position of the Security Investor Protection Fund (SIPF) in optimizing the protection of investors against losses due to the occurrence of crimes in the capital market; (2) Describes the settlement of investor losses due to capital market crime that can not be fulfilled by SIPF as the provider of investor protection fund in Indonesia capital market. The research method used is normative research using descriptive analytical research specification. The result of the research shows that: (1) The position of Securities Investor Protection Fund (SIPF) in optimizing investor protection against losses caused by crime in capital market is still very less; (2) Securities Investor Protection Fund (SIPF), in giving claims to investors is only Rp.100.000.000 (one hundred million rupiah) to this day and if there is a shortage of return on assets of investors, SIPF institution allows investors to sue securities companies in court, while the legal effort is divided into two, namely the civil lawsuit namely Article 1365 Civil Code and the criminal lawsuit namely Article 90 jo Article 104 Capital Market Law