February 2, 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.
This disclosure should apply to ANY contributions of cash or in kind or loaning employees to a political campaign, including an issues campaign. ANY contribution of any type, no matter how small or de minimis (and for purposes of this rule NO contribution may be considered de minimis) should require disclosure.
Thank you for considering my comment.
Sincerely,
John Meany