January 10, 2013
Dear Securities and Exchange Comm.,
Our election system has become dysfunctional because of the large amounts of corporate money distorting the free expression of opinion. Often this money is anonymous and serves the self-interest of companies, instead of the good of all.
I’m writing to urge the commission’s prompt approval of rules requiring public disclosure of political spending by publicly-held companies. Disclosure is vital to the SEC’s responsibility to ensure that investors have the information they need to make sound decisions about when and where to put their money. Shareholders also have a right to know how companies in their investment portfolios are investing that money, particularly when the spending falls outside the company’s normal business activity.
Thank you for considering my comment.