September 07, 2012
Dear members of the Securities and Exchange Commission:
I can't believe Corporations are allowed to give moneies to political action in the first place. They shouldn't have the rights of business if they're buying politicians or policies. But, all monies they give need to be placed in the public record in advance of any entity spinding it.
Stock holders should also have that information in advance so it can have a say in their investments.
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.