February 4, 2013
Dear Members of the Securities and Exchange Commission:
The U.S. must implement 3 things to establish a democracy: publicly-funded campaigns, election reform (a la W. Europe) and end obscene corporate lobbies!
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.
Sincerely,
Marc Smason