Subject: Comment on File Number 4-637

January 13, 2013

Securities and Exchange Comm.

Dear Securities and Exchange Comm.,

I am concerned about a lack of transparency in political spending by publicly-held companies. In a healthy democracy, the public, and especially investors in publicly-held companies, have a right to know how their investment money is used. I urge you to approve rules requiring public disclosure of political spending.

Thank you for considering my comment.


David Elliott