Subject: File No. 4-637

May 11, 2015

The SEC has a duty to protect investors and promote the public interest by issuing a rule requiring disclosure of political contributions by publicly traded companies.

Shareholders need to know whether their money is being used to run a business or to run election attack ads.

Please place a rule on the unified agenda by the end of May 2015 that will require disclosure of political spending, as laid out in file number 4-637.

Dark money in election campaigns not only violates fiduciary responsibility to share holders, it overwhelms and destroys what were Constitutionally intended to be open and fair elections.  An election system that conceals who and what is funding election propaganda is illegitimate and odious.

Peter Vanderhoof