The following Letter Type G, or variations thereof, was submitted by individuals or entities.
Letter Type G:
SEC Chairwoman Mary L. Schapiro,
Whereas, the United States Supreme Court ruled in Citizens United v. Federal Election Commission that corporations enjoy the same First Amendment rights as human beings;
Whereas, undisclosed corporate campaign expenditures are threatening to undermine our democracy and overwhelm the voices of voters;
Whereas, the Supreme Court recognized in its decision that disclosure ofcorporate campaign contributions is critical to the ability^ofvoters andstqckholders to hold corporations and public officials accountable for their positions and supporters;
Whereas, the Securities and Exchange Commission can require disclosure of political expenditures by public companies and facilitate action by shareholders to approve spending;
I, therefore, call upon you to take immediate action to force public companies to disclose campaign expenditures and empower shareholders to approve such expenditures prior to their disbursement.