Your Money: McCain vs. Obama

· Increase capital requirements on financial institutions.

· Remove some of the regulatory, accounting and tax impediments to raising capital.

· Examine how banks and other firms value assets that exacerbated the credit crunch.

· Increase transparency of complex financial instruments.

"Capital markets work best when there is both accountability and transparency. In the case of our current [credit] crisis, both were lacking." -- McCain*

· Impose liquidity and capital requirements on investment banks.

· Streamline regulatory framework of the financial services sector.

· Create an oversight commission that would advise the president, Congress and regulators on the health of and risks facing financial markets.

· Give Federal Reserve supervisory power over any bank that borrows from it.

"Let me be clear: the American economy does not stand still, and neither should the rules that govern it. The evolution of industries often warrants regulatory reform..." -- Obama**