February 1, 2013
Dear Members of the Securities and Exchange Commission:
I'm glad you're considering disclosure rules for political spending by corporations.
As a stockholder myself, I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose all their spending on political activities. And I do mean all. I'd like to know about lobbying activities too.
Because, as a shareholder, I'd really like to know how much a company I invest in is spending on sustainable growth, and how much they're paying to influence public policy--directly and through intermediaries. I invest in companies to make money. I expect them to invest my money to further that goal, not to advance some personal agenda of their management.
Please help me know which companies are spending my money wisely. And thank you for considering my comment.