February 1, 2013
Dear SEC Members:
It's in the best interest of our nation and shareholders that the SEC require publicly traded corporations to disclose all spending on political activities.
Decisions about which candidates a publicly traded corp. supports and with how much money are made in private. More, until Citizens United is overturned, corporate support is a primary factor in determining which candidates even manage to get on the ballot.
This diametrically opposes the concept of one man, one vote as regular citizens can't influence corporations' decisions about the candidates chosen for support. I find this particularly egregious when funds used to support a particular candidate come from taxpayers in the first place, e.g., corporations supplying goods and services to local, state or the federal government.
I look forward to the SEC working to make this nation's election process more, rather than less, democratic and transparent.
Sincerely,
William Killpatrick