From: Jeanne Grandy
Sent: March 18, 2016
To: rule-comments@sec.gov
Subject: RE: Disclosure Effectiveness Review

The question one must always ask is "Who benefits" by the action under consideration." Public" companies are responsible to "the public" and as such, should be open to public accountability.
The SEC and its commissioners should continue to work on a rule requiring political disclosure from public companies, in the interests of their shareholders. Businesses should not be empowered to use backdoor political channels like nonprofits or associations to do their political bidding, and shareholders have a right to know how executives are using company resources for political purposes — especially if those purposes are against shareholders' interests.
Neither, in my opinion, should even "private" companies, those in any way, given "incentives" using the public's monies, be excluded from a policy of open disclosure of political expenditures in the guise of company "meetings" or "association" or "education" labels when political activity is the result.

Jeanne Grandy