Subject: File No. 4-637
From: Justine Kilpatrick

January 13, 2013

Securities and Exchange Comm.

Dear Securities and Exchange Comm.,

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.

Everyone associated with a company has an urgent interest in knowing whether funds raised from equity or credit markets are being effectively used to advance the near- and long-term interests of the firm. They also have an urgent interest in knowing what pressures are being put on Federal, State, and local policy makers by the firm with which they are associated.

The potential good that could be done by firms and by governments -- each in their proper roles -- is being increasingly distorted. Citizens are increasingly outraged!

Thank you for considering my comment.


Justine Kilpatrick