September 07, 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.
If individuals need to disclose their contributions, its only fair that corporations do likewise. The American public has a right to know what groups or individuals are attempting to purchase privileges from our political parties. No contribution comes from a disinterested party, and all citizens have a right as well as a duty to know who those interested parties are and what groups they are seeking to influence.
Thank you for considering my comment.