January 13, 2013
Securities and Exchange Comm.
Dear Securities and Exchange Comm.,
I’m writing to urge the Commission’s prompt approval of rules REQUIRING public disclosure of political spending by publicly-held companies, with strict enforcement of this requirement by ensuring accurate reporting of pathways, particularly through all of the questionable non-profit (and/or "religious" entities) set up to handle any transactions a corporation does not want visible or reported.
Disclosure and ensuring Investor Information is comprehensive and available are primary SEC's RESPONSIBILITIES - to ensure that Investors can make intelligent, sound financial decisions based on their own specific preferences and intentions.
Shareholders have a Right to Know how They Fund and Support are investing that money - most particularly when the spending falls outside the company’s normal business activity. Therefore companies must be required to report and to ensure a paper trail of all information that does not fall under protection of proprietary technology.
Thank you for your attention to the correction of this existing shortfall, and to creating a simple, strict and trackable enforcement system for this important Legal Right of the Public Owners.