Subject: Comment on File Number 4-637

September 07, 2012

Dear members of the Securities and Exchange Commission:

First, money does not equal free speech - REGARDLESS of what the Supreme Court would have us believe. It equals corruption. Until we can overturn this anti-democratic decision, the LEAST the corporations and PACs can do is be transparent. Free speech doesn't mean "secret" speech or "hidden" speech. And what are they afraid of? If their ideas are so good, people will support them and they will prevail.

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.

Thank you for considering my comment.

Sincerely,

Nickie Moran