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 very soon that would require publicly traded corporations to publicly disclose all their spending on political activities in addition to very specific data on environmental and social liabilities.
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. Considering the similarities to Federal Procurement Rules, the individual investor should be able to opt out of ownership in a specific company because he/she disagrees with the approach to donating/spending corporate treasure that the individual investor owns.
Think fair, open and fill disclosure.
Thank you for considering my comment.
Sincerely,
Robert Horner