January 18, 2012
I do not like the influence of corporate money on our electoral process. Because 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.
Further I am appalled that, thanks to the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investor's money on political activity in secret. I intend to put my money in my credit union.
I urge the Securities and Exchange Commission to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Thank you for considering my comment.
Santa Fe, NM