Subject: Comment on File Number 4-637

November 26, 2012

Dear members of the Securities and Exchange Commission:

I am a shareholder in numerous corporations either directly or through mutual funds. 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. However, please keep in mind that I consider allowing even senior employees of a corporation to use the corporation's money to advance their personal political agendas to be just another form of embezzlement from the corporation's shareholders. You really should be looking into ways to make CEOs and other employees give the shareholders the profits from the businesses we own, not let them use our money to play their private political games.