September 11, 2014
Dear SEC Chair Mary Jo White,
Please require corporations to disclose their spending on political and 'educational' campaigns, how much is spent, and to whom. It is important that the 'educational' campaigns be included as many political groups are now claiming to be educational groups.
Shareholders technically own corporations, so top executives have no right to treat shareholder assets as their own political slush funds. Moreover, If corporate political spending materially affects future profits (which is how CEOs justify such spending) then by any by any logical reading of the Securities Act of 1934, investors have a right to know what's being spent and how.
Thank you,