Subject: Comment on File Number 4-637

April 28, 2012

Dear members of the SEC:

I urge the SEC to require publicly traded corporations to publicly disclose all of their political spending.

As Adam Smith noted, the free market can work only when consumers have sufficient knowledge to weigh their options. Allowing corporations to work in secret breaks the market.

Thank you for considering my comment.

Sincerely,

Adam P Hammer