Sent: February 4, 2013
To: rule-comments@sec.gov
Subject: Comment on File Number 4-637

February 04, 2013

Dear Members of the Securities and Exchange Commission:

A democracy cannot long survive if secret political spending can control elections and the electorate. Law makeers will them be beholden to the moneyed interests who fund their campaigns, and not to the citizens they supposedly serve. This is basically the definition of a plutocracy.

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,

Francois Fischer