From: PennPIRG on behalf of Grayfred Gray Sent: Tuesday, March 06, 2012 11:48 AM

Subject: Comment on File Number 4-637

March 6, 2012

The Securities and Exchange Commission

Dear Securities and Exchange Commission,

I am concerned that corporate spending by corporations I am invested may be funding political positions that I am opposed to and doing so without my knowledge. I am also concerned about the extent to which corporations influence our elections more than citizens can by such spending. I believe that such expenditures should be publicly accessible, indeed outright disclosed to both stockholders and the general public.
It is morally wrong that millions of dollars are flowing into political super PACs, and that money is completely untraceable.
I believe that the SEC should change this right now to protect stock holders and the public.
Both shareholders and the public must be fully informed as to how much a corporation spends on politics and which candidates are being promoted or attacked.
I urge the Securities and Exchange Commission to issue a rule requiring publicly-traded corporations to disclose all their political spending.


Grayfred Gray