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"Capital market as the finance house that affeect the economic growth of one nation. The economic development can be seen from the amount of the transaction in the capital market. The more and more transaction in the capital market then the capital or money passing through are ampler. The consequences of the increasingly amount of capital in the capital market yield to summon excessively amount of non-good faith people to make use of the capital market to perpetrate crime in order to procure advantage. The crime that can be executed was money laundering."

"Law is frequently illustrated as something inconvenient and tends to perceive as contra productive against business principles which rely on speed and accuracy. But business requires legal assurance. regulation or law deriving from the Act or bearing as contractual consequence will be a compass for businessmen in running secure business and safe. Legal advice or legal opinion in business activities have been grounded by laws consist of prevailing rules and arrangement of existing transaction, also how to bind agreement reached by contract or into a comprehensive agreement which will give optimum protection for every business actor."

"Subprime mortage crisis happened in the united states had effected many parties. Index of shares traded in the U.S Stock exchanges dropped significantly, followed by default in credit granted in the housing sector, and decreased in value of Aset Back Securities in the financial market...."

"Legal studies on e-commerce transaction by normative juridical approach and by the used of primary and secondary legal material have found that firstly, law prevailing on the transaction refers basically to a choice of law agreed by parties or, secondly, if it is not, the choice of law may refer to a point-link which addresses to an extraordinary achievement of parti which trully having characteristic as Rome Convention. The Act of Information and Electronic Transaction No. 11 year 2008 stated that if parties do not make choice of law in International Electronic Transaction then the applicable law shall be referred to Private International Law. However, the e-commerce transaction is across border, the question is: whether the principles of Private International Law shall be applicable into national law system of any state without the need of harmonization to the related national law system?"