February 2, 2013
Dear Members of the Securities and Exchange Commission:
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.
Full disclosure is a minimum requirement. Companies with significant foreign ownership should be banned from all political contributions in the same manner as non-citizen individuals, and in other publicly-owned corporations shareholder approval should be required.
Thank you for considering my comment.
Sincerely,
Joel Ewing