June 25, 2012
I am writing as a concerned investor to request that the Securities and Exchange Commission adopt a rule requiring all publicly traded corporations to publicly disclose the use of corporate resources for political purposes.
As a shareholder, I have a right to know how corporations are using their vast wealth to influence the outcome of elections and to shape public policy. These undisclosed payments present material risks to our democracy.
I urge you to pass a rule requiring full disclosure of corporate political activity - including both direct payments to candidates and indirect payments to trade associations, Super PACs and similar groups. Thank you for considering my comment and for all of the work you do on behalf of investors and the public interest.
Signed,
Paige Wilder