January 22, 2014
Securities and Exchange Commission
Dear Securities and Exchange Commission,
I am writing to urge you to return rule #4-637 to the 2014 rulemaking agenda for swift enactment. This rule, requiring public companies to disclose political spending, is essential in order to make our policy processes more transparent and hold companies accountable for their political influence.
Companies can significantly influence important public policy by contributing to organizations like trade and business associations and other dark money groups without accountability for these actions. With no requirement for disclosure of these indirect political donations, the public is left in the dark about how companies are using their money to hinder policies that are in the public interest.
Actually, return to this rule is a bare minimum response to the corruption unleashed by corporate money in politics. It isn't 'their' money, anyway. It belongs to the shareholders who invest in the company. Why should MY money be used to support politicians I would never support? Corporations should not be allowed to give ANY money to politicians because it is not THEIRS! So at least they should let us know to whom OUR money is going.
Please enact rule #4-637. Thank you.
Mr. John Stuckey