February 4, 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.
Also, what happened with enforcement of SEC Section 16 which, if memory serves, prevented short terms trades? Seems like folks are flipping shares more than the ought.
Thank you for considering my comments.