November 6, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
I am deeply concerned about the influence of corporate money on our electoral process. Corporate money doesn't belong anywhere near a government I don't know what the Supreme Court is thinking guaranteeing that our government is for sale to the highest bidder and history will reflect this from people that can think clearly. doesn't the Supreme Court know that introduced ing money into the political system creates corruption, I thought they were the smartest people in the room I guess not.
In particular, I am appalled that, because of 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 am writing to urge the Securities and Exchange Commission 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.
Sincerely,
Michael Nixon