Campaign finance reform has profound implications for elections by attempting to level the playing field among candidates and reduce the influence of money in politics. Reforms may include limits on contributions, transparency requirements, and public funding options, aiming to diminish the disproportionate advantage wealthy individuals and corporations have over others. Such reforms can enhance voter participation and trust in the electoral process by fostering a perception of fairness. However, critics argue that these measures might inadvertently restrict free speech or limit candidates’ abilities to communicate effectively with voters.