January 14, 2013
Securities and Exchange Comm.
Dear Securities and Exchange Comm.,
We are no longer a democracy. Thanks to the lax oversight by the SEC and many government agencies and the cronyism that exits among the wealthy and powerful to place their own to GUT OUR OVERSIGHT SYSTEMS AND AGENCIES, we are, in reality a corporateocracy!
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.
As I shareholder I know I WANT TO KNOW! I want to also be able to CUT CEO PAY WHEN THEY BEHAVE IRRESPONSIBLY! NO WALL STREET EXECUTIVE HAS GONE TO JAIL OR BEEN CONVICTED! THAT SPEAKS VOLUMES ABOUT THE CORRUPTION!
Thank you for considering my comment.
Sincerely,
L Traynor