Subject: Comment on File Number 4-637

January 25, 2012

I am deeply concerned about the influence of corporate money on our electoral process.

In particular, I am appalled that, because of the Supreme Courtís ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investorís money on political activity in secret.

I am writing to urge the Securities and Exchange Commission to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.

Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SECís web site.

This is why we have problems with corporate greed, corruption, abuse of power, fraud, and tax evasion. The Supreme Court decision just enables more of this behavior. Were they forgetting that a Democracy is of the people and for the people not for the CEO, CFO, board of directors, and the bottom line. Its time to end the policy of Corporate Welfare in exchange for campaign donations.

Thank you for considering my comment.

Barbara Skypala

Honey Brook, PA