Proponents say that such a change would permit banks to limit their write downs and increase their net income. The move was made in response to the concern that the marking-to-market practice is often...

Proponents say that such a change would permit banks to limit their write downs and increase their net income. The move was made in response to the concern that the marking-to-market practice is often flawed when the markets do not function, as during periods of severe financial crises.