Subject: File No. 4-637
From: Dr. C. J. Siebert

March 8, 2012

Dear Securities and Exchange Commission,

Millions of dollars are flowing into political super PACs, and that money is completely untraceable. Right now, a corporation could be sinking millions of dollars into a political campaign and the actual owners of the company, the shareholders, would have no idea.

Both shareholders and the public must be fully informed as to how much a corporation spends on politics and which candidates are being promoted or attacked.

I urge the Securities and Exchange Commission to issue a rule requiring publicly-traded corporations to disclose all their political spending.


Dr. C. J. Siebert