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. This is critical to the well being of our country and its citizens. Given the multinational nature of many corporations, in theory, this allows outside influences and even other countries to affect our elections. In many ways, this is the equivalent of letting a foreign army come in and dictate our leaders and the policies in which they make. Transparency is critical to our democratic process.
Thank you for considering my comment.
Sincerely,
Alex Gusavac