His state, Illinois, however, has several large savings institutions that would be adversely affected by the strict capital rules.

The capital rule has also been abolished, making approximately 400,000 more people eligible for payments.

The 2004 change to the net capital rule responded to two issues.

And it has eased its capital rules to enable market-makers to bid for more of each issue.

They have been burned by bad loans, and new capital rules provide an incentive for banks to shrink assets.

But just about everyone involved agrees it is necessary to develop the risk-based capital rules.

But another idea, of easing capital rules, should be touched only with caution.

That, like the tough capital rules, would help to prevent a repeat of the 1980's excesses.

S.E.C. officials declined this week to talk about their capital rules.

This is therefore something that we should use as an effective tool to complement the capital rules.