April 2, 2014
SEC
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 investors' money 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.
And also to require politicians to disclose WHO is giving them their money!
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.
Actually, I think they ALL should not have any personal or corporate money....think that each should only have a set amount of money to spend. Like 500,000 a piece.
It's wrong to have the rich control the politicians. I would even favor taxes going to that....only so many pennies per person, donation.
Thank you for considering my comment.
Sincerely,
Nancy Bailey