March 6, 2012
The Securities and Exchange Commission
Dear Securities and Exchange Commission,
I am concerned that corporate spending by corporations I am invested
may be funding political positions that I am opposed to and doing so
without my knowledge. I am also concerned about the extent to which
corporations influence our elections more than citizens can by such
spending. I believe that such expenditures should be publicly
accessible, indeed outright disclosed to both stockholders and the
It is morally wrong that millions of dollars are flowing into political super PACs, and that money is completely untraceable.
I believe that the SEC should change this right now to protect stock holders and the public.
Both shareholders and the public must be fully informed as to how much a corporation spends on politics and which candidates are being promoted or attacked.
I urge the Securities and Exchange Commission to issue a rule requiring publicly-traded corporations to disclose all their political spending.