The following Letter Type W, or variations thereof, was submitted by individuals or entities.
Letter Type W:
I am deeply concerned about what corporate money is doing to our democracy.
I am outraged that after the Supreme Court's ruling in Citizens United, publicly traded corporations can spend investors' money, our money, on political activity in secret. Corporations can spend our money to promote job-killing free trade agreements, overturn worker protections, or stop a worker from having the right to organize, without even telling us about it. How can we make a decision about which companies to support and invest in without this basic information?
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.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's website.
Thank you for considering my comment.