April 28, 2012

Subject: Comment on File Number 4-637

April 28, 2012

Dear members of the Securities and Exchange Commission:

I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.

Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site. I know that the SOX Act of 2002 was put into place to audit corporate accounts, which was put in to lace from the ENRON scandal, so why isn't someone auditing accounts of corporations that are unjustly using funds for reasons that cannot be justified? This to me is the same as embezzlement.
Please put a stop to these unethical practices.
Thank you.
Thank you for considering my comment.


Jeffrey J. Lepre