January 31, 2012
Securities and Exchange Commission
In an era when exposure is the single most influential factor in deciding the outcome of elections, there is no corporate expenditure more significant to the state of our democracy than political campaign contributions. Without knowing who is buying influence, we the people are effectively cut out of the process.
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.