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

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.

As a shareholder in a number of public companies, I believe this information is something to which I am entitled, and should not be disguised by being included in other rubrics in annual reports and prospectuses. It affects both the companies' prospects and my willingness to invest in them.

Michael Arighi