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. As a shareholder I have the right to know how my money is being employed, I invested in US businesses in order that they might have capital to improve their business performance; I did not intend this money to be spent in bribing our, oh so corruptible, politicians. I am very concerned at this misuse of my funds. If my money is being diverted into political bribery, then I will begin systematically closing down my US investments and I will move the money to a better regulated nation, such as Germany or Switzerland; both nations have some excellent companies.
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.
Thank you for considering my comment.
Keith V Stracchino