January 31, 2012
Securities and Exchange Commission
Dear Commission,
Corporations exist to provide jobs to individuals. They have gotten far away from that function, and now influence politics. We need to keep corporations to their original function, and highlight the spending they are doing in politics. Please use regulations to require corporations to be open and transparent with their political spending and donations to political funds.
Right now, Super PACs don't have to disclose their unlimited corporate donations. That means they can keep the public in the dark about who's funding the attack ads that bombard their TV screens daily.
That's why I'm joining with the 14 United States senators who formally asked you to use your regulatory authority to require that corporations disclose their spending in elections.
SEC: Exercise your regulatory authority to require public disclosure of corporate political contributions.
Sincerely,
Laura Randell