May 9, 2013
Dear members of the Securities and Exchange Commission:
I’m a stockholder in many corporations and base my decisions on economic indicators and scientific fact, for the purpose of gaining income. Since it involves many corporations, it also involves many corporate meetings for which voting is required. I generally vote with the recommendations of the board of directors for I believe they know best how to maximize their business potential. Some times corporate political donation information is requested to be approved by means of a vote. Stock holders and the public want to know how political moneys are spent. I do too, but I don’t think unilateral decisions by each individual corporation is the correct way to accomplish transparency.
The SEC could accomplish this without unduly influencing the stock of these corporations because every corporation would then be required to report their political donations to the public.
We, as the public, want this, and you, the SEC, can accomplish this.
Submitted with respect and thanks for the vital role you represent in our economy.
Richard P. McKeever