February 3, 2013
Dear Members of the Securities and Exchange Commission:
I thought it was pretty obvious to everyone that unfettered corporate spending in elections is a problem. Even without considerations for the US as a Democracy, as a stockholder, I hate the idea that a CEO can spend as he wishes on political causes with no oversight nor reporting.
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.
Thank you for considering my comment.
Sincerely,
Steve Bohrer