November 6, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
The impact of corporate money on our electoral process is the most critical issue facing the future of our country. Far and away more damaging than any other factor.
In particular, I am appalled that, because of the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investor's money on political activity in secret.
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.
How can we be expected to invest in America when we are blind to the values of the companies we are to invest in? Talk about buying "a pig in a poke"!!!
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 web site.
Thank you for considering my comment.