May 1, 2012
Dear members of the Securities and Exchange Commission:
I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.
In order to discover the underlying truth about my potential support for political candidates, I need to be able to learn who else has contributed to their campaign. If a candidate has received significant sums of money from ANY source, it follows that they are likely going to vote or generate legislation favorable to that entity. That effort may, OR MAY NOT, be an effort I'm willing to support. If all is above board, what would they have to hide?
Thank you for considering my comment.