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.
Also, the use of corporate funds to promote the wishes of the Executives and Major Stock Holders may run contrary to the wishes of the MAJORITY of Stock Holders and Employees of the Corporation. This is in effect, denying them their rights, while massively expanding the rights of the Executives and Major Stock Holders.
Thank you for considering my comment.
Sincerely,
Jim Myers