How the senator from Wall Street would toughen financial regulation
Backs Kennedy bill to diversify stock holdings in retirement plans.
Ban firms from selling other services to audit clients and ban them from auditing companies that recently hired their staffers as top financial officers. Create new oversight and disciplinary body.
Force companies to deduct the cost of stock options from their income.
Require prompt disclosure of corporate insiders' transactions. Ensure audit committees' independence with new rules.
Ban unregulated, unlimited donations to political parties.