The Number Of Retail Investors In The Capital Market Reach 8.62 Million, OJK Asks To Improve Understanding Of Investment

Chief Executive of OJK Capital Market Supervision Hoesen. (Photo: Doc. Antara)

JAKARTA - Investor confidence in the Indonesian capital market is getting higher. One of them can be seen from the number of retail investors which reached 8.62 million, an increase of 15.11 percent from December 2021.

"The growth in the number of retail investors is also still dominated by millennials or under 30 years old, accounting for 60.29 percent of the total number of investors," said Chief Executive of OJK Capital Market Supervision Hoesen in a statement, Friday, May 27.

However, Hoesen advised that every public in investing in the capital market needs to first study and understand all forms of products and the legality of licensing from those who offer them.

“The public needs to be aware of all forms of fraudulent or illegal investments that often seduce or promise unreasonable returns. In addition, the public is also advised that in investing, they must use sources of funds other than basic needs and reserve funds, and do not use loans, especially illegal online loans, "said Hoesen.

As part of OJK's commitment to providing protection and efforts to increase investors, OJK has issued a series of policies. These include continuing to educate the public to avoid fraudulent investments and unreasonable offers of fixed returns.

OJK also encourages the Stock Exchange to continue to develop Special Notations and special monitoring boards, issuing POJK Number 65/POJK.04/2020. Also, OJK Circular Letter Number 17/SEOJK.04/2021 concerning Return of Illegal Profits & Loss Compensation Fund for Investors in the Capital Market Sector, also known as Disgorgement and Disgorgement fund.

"Up to strengthening the authority in order to carry out supervision and law enforcement," said Hoesen added.