Subject: File No. 4-637
From: Leonard Russ

February 1, 2013

Dear Members of the Securities and Exchange Commission:

It's long past time to end secret political spending by corporations.
 
So I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose all their spending on political activities.

Both shareholders and the public deserve to know how much a given corporation spends on politics (directly and through intermediaries), and which candidates are being promoted or attacked.

Let's stop kidding ourselves. Great banking institutions once became known as TRUSTS(TRUSTFUL) and so investors and banking clients stood on rock-solid ground. But now our country is full of mistrust. The future is uncertain. Let's return to long-range planning that is financially sound. Let's drop the get rich quick schemes that brings ruin upon us all.

Thank you for considering my comment.

 

Sincerely,

Leonard Russ