February 1, 2013
Dear Members of the Securities and Exchange Commission:
More than a decade ago, voters and our more responsible government officials began calling for reform in the ways corporations affected elections and resulting legislation by their donations. In that time, corporate political spending, especially that which can be hidden, has increasingly muddled our political system. It's long past time to end secret political spending by corporations.
So I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose all their spending on political activities.
Both shareholders and the public deserve to know how much a given corporation spends on politics (directly and through intermediaries), and which candidates are being promoted or attacked.
Thank you for considering my comment.
Jo Ann Douglas