February 2, 2013
Dear Members of the Securities and Exchange Commission:
Democracy functions best when its electoral activities are conducted openly, for all to see. Secrecy is anathema. It is especially so where campaign contributions are in issue. This principle applies no matter who or what entity is making the contribution.
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.
Thank you for considering my comment.