Mar 6, 2012
The Securities and Exchange Commission
Dear Securities and Exchange Commission,
I want to know that my 401(k) funds are not invested in companies that are supporting any political super PAC All of the dollars that are flowing into political super PACs are completely untraceable. Right now, a corporation could be sinking millions of dollars into a political campaign and the actual owners of the company, the shareholders, would have no idea.
Both shareholders and the public must be fully informed as to how much a corporation spends on politics and which candidates are being promoted or attacked.
I urge the Securities and Exchange Commission to issue a rule requiring publicly-traded corporations to disclose all their political spending.