November 8, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
These corporations that hide their agenda have something to hide. And if they're hiding something, it is certainly something that will ultimately harm our environment. So, please demand that ALL corporations disclose where their political donations go. This way we can hold the corporations accountable AND the politicians who are taking the donations and affecting policy. We won't help the environment without transparency all the way around.
In other words, who do you want to benefit -- greedy people now, or those that we care about in the future?
I am deeply concerned about the influence of corporate money on our electoral process.
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,
Sally Magaziner