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.
I would prefer if corporations were banned from making political contributions, as they are a great threat to the voices of individuals, but I know we need to start small.
Thank you for considering my comment.
Sincerely,
Masaru Oka