January 10, 2013
Securities and Exchange Comm.
Dear Securities and Exchange Comm.,
As a stock holder I want transparency on how profits of the corporations I hold stock in are being spent. As a partial owner of these companies I do not think exectutives or the board should be making political candidate choices using my money that I am unaware of. They do not have my authorization to do that.
I’m writing to urge the commission’s prompt approval of rules requiring public disclosure of political spending by publicly-held companies. Disclosure is vital to the SEC’s responsibility to ensure that investors have the information they need to make sound decisions about when and where to put their money. Shareholders also have a right to know how companies in their investment portfolios are investing that money, particularly when the spending falls outside the company’s normal business activity.
Thank you for considering my comment.
Sincerely,
Rick Potter