The 35th President of the United States, John F. Kennedy, served in the period 1961-1963, was a central figure in supporting consumer protection. President Kennedy was the first world leader to initiate the consumer protection movement in the US that later spread worldwide.
President Kennedy addressed this issue in his speech in 1962:
“Consumers, by definition, include us all. They are the largest economic group, affecting and affected by almost every public and private economic decision. Yet they are the only important group whose views are often not heard,” he stated in the “Declaration of Consumer Right,” as cited by MCCAA (Malta Competition and Consumer Affairs Authority).
President Kennedy declared four basic consumer rights:
- The right to safety;
- The right to choose;
- The right to be informed; and
- The right to be heard.
After 58 years, do companies and businesses comply with these rights? And how is consumer protection in Indonesia?
Today, April 20, 2020, Indonesia celebrates National Consumer Day (Harkornas), a day to remind us that the initiatives to protect the consumer's rights should never stop. This day marks the establishment of Law Number 8 of 1999 concerning Consumer Protection.
First Harkornas was held on April 20, 2012, and continues until today. The Harkornas is a reminder that there are still many complaints and disputes filed by consumers, including in the investment sector. Investors should be very carefully investing their money in legitimate and registered securities companies. Recklessness in investing will lead to disasters.
In the context of Harkornas, PT Mandiri Sekuritas, a subsidiary of PT Bank Mandiri (Persero) Tbk (BMRI), suggests prospective investors and investors to always be mindful before making decisions in financial transactions and investing. Before you put your money, study the company, learn the benefits, costs, and risks of an investment instrument. Besides, you need to understand the fundamental rights and obligations of investors.
Mandiri Sekuritas is a securities company that has obtained a license as a brokerage from the Financial Services Authority (OJK) since 1992. At that time, it was Bapepam-LK.
Mandiri Sekuritas is recognized as the most active local broker in the capital market. To date, Mandiri Sekuritas handles more than 90,000 individual customers and more than 500 institutional customers.
Mandiri Sekuritas excels in providing comprehensive services, supported by an extensive research team. Its research analysis deals with macroeconomics, stocks (equity research), and fixed income research. The companies under Mandiri Sekuritas' eagle eye weigh up to 80% of the total market capitalization of the Indonesia Stock Exchange (IDX).
The extensive study enables Mandiri Sekuritas customers to obtain excellent research results. Mandiri Sekuritas' comprehensive investment analysis and guidelines will help investors in making the decision more accurately.
Even more impressive, Mandiri Sekuritas keep improving its digital platform through integrated services MOST (Mandiri Online Securities Trading). With online access, potential investors can register and start investing efficiently from anywhere.
MOST services range from opening online securities accounts, multiplatform trading applications, and wide-ranging capital market products available online; and online investment classes through MOST Learning.
Prospective investors need to open a customer funds account (RDN) first to do transactions for the stock, bond, and mutual fund at the same time through MOST. Mandiri Sekuritas capitalizes the information technology to simplify the process, and accordingly, it facilitates the investors with an online securities account opening. This facility makes investing through MOST more secure, convenient, fast, and comfortable.
How is the security of the customers' data in capital market products? MOST as the first comprehensive online digital securities account in Indonesia guarantees the safety of prospective customers data with digital signature and e-KTP verification integrated with the Directorate General of Population and Civil Registry (Dukcapil).
The convenience of using MOST is not only appreciated by regular investors, but those with special needs also welcome the facility. They compare it with other online trading applications from other securities companies.
"MOST is very simple to use for a blind man like me. I use its audio feature," said Jefrianus Adam, the awardee of the MOST Inspirational Investor at the 2020 MOST Awards, a program initiated by Mandiri Sekuritas.
Download the MOST App
Download MOST on PlayStore or Apple Store on Android or iPhone and use the keyword: MOST Mandiri Sekuritas. You can also download MOST on the website: www.most.co.id.
News Feature for Reference Transactions
MOST provides a News menu that contains the latest news, announcements, and information related to investment.
Stock, Broker, and Foreign features
The Stock feature displays daily stock performance, while the Broker feature exposes broker performance based on order frequency, volume, and transaction value. The Foreign feature shows transaction information from other countries.
Mandiri Securities extensive services benefit customers to invest in the capital market, both for buying and selling shares, mutual funds, and government securities. MOST is also very suitable for those who want to invest in stocks, but too busy to monitor and manage their investments. And the best thing for customers is that your data is safe.
Enjoy investing!
PT Mandiri Sekuritas is registered and supervised by the Financial Service Authority
www.most.co.id
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