Subject: File No. 4-637

May 19, 2015

Like many others, I am outraged at the effect of political spending by corporations--especially by misleading print and TV ads that come at the last minute before an election when there is no time to counter them. We  simply do not have a democracy at this point! 

The SEC has a duty to protect investors and promote the public interest by issuing a rule requiring disclosure of political contributions by publicly traded companies.

Shareholders need to know whether their money is being used to run a business or to run election attack ads.

Please place a rule on the unified agenda by the end of May 2015 that will require disclosure of political spending, as laid out in file number 4-637.

Estella Lauter