January 13, 2013
Securities and Exchange Comm.
Dear Securities and Exchange Comm.,
I'm assuming you still want the public to invest in the stock market. If you do, please consider that I no longer patronize businesses that are blatently political in any way. If I'm considering an investment, I will not invest in a company who is pushing large amounts of it's capital toward a political solution. If they cannot compete on their own merits, I don't believe they are a viable organization. Since I don't know which organization is doing corporate political spending, I'm tending NOT to make investments.
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.