July 25, 2013
I am writing to urge the Securities and Exchange Commission to issue a rule requiring publicly traded corporations to publicly disclose all their political spending – and to do so this year.
At the very least, shareholders and, for that matter, all U.S. citizens have a right to know how corporations spend their substantial reserves in an effort to influence election outcomes. Ideally corporations should not be allowed to influence elections at all; but as that is not likely to become the case any time soon thanks to the recent Citizens United decision, the SEC should at least force disclosure of corporate political spending in the meantime.
Thank you for considering my comment.