April 28, 2012

Subject: Comment on File Number 4-637

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.

There is no reason why contributors to political campaigns, political causes, and political candidates should not be made to acknowledge their involvement and to take responsibility for their actions. Anonymity and secrecy in political matters do not contribute to a healthy, free, and just society; instead they contribute to its destruction. Please use the authority of the SEC not to allow companies to hide their political spending in order to favor the privileged few, but instead to take actions that fairly promote the well-being of all citizens

Thank you for considering my comment.


Richard A Livingston