Sent: February 4, 2013
To: rule-comments@sec.gov
Subject: File No. 4-637

Dear Members of the Securities and Exchange Commission:

As a shareholder I am very interested in ethical conduct from the companies in which I invest.  This includes transparency in how they conduct their business, particularly in the political arena. 

Corporate political spending should not be conducted in secrecy.  We know -- as predictably as  lack of light causes plants to wither -- that failures in transparency lead inevitably to unsavory, undesired conduct. 

Thus I strongly support an SEC rule requiring publicly traded corporations to publicly disclose all spending on political activities. 

Shareholders and public alike deserve to know how much a given corporation spends on politics,  both directly and through intermediaries.  This keeps the corporation honest, and it helps keep politicians more accountable.  This might not be so crucial, but for the Supreme Court ruling that in essence condones undisclosed corporate bribery. 

Our corporate leaders need accountability just as surely as our political candidates need to be held accountable.

Thank you.

 

Sincerely,

Frank Glass