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. Regardless of Supreme Court decisions, a corporation represents many points of view, and should not even be allowed to donate to political campaigns. At least if donations are made public the shareholders can express their apporoval or disapproval, and the public can decide if the corporatioon is acting against the nation's best interests.
Thank you for considering my comment.
Sincerely,
Daniel Hatch