Subject: Comment on File Number 4-637

January 18, 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 Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investor's 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. It is imperative in a democracy that power is equally distributed and ultimately checked by the will of the people. In a society where information and news media is controlled by corporate interests, where the main sources of press are controlled by the same it is absolutely imperative that there should be adherance to a ethical code by which politicians are beholden not to those driven to profit, but to the people themselves.

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 SEC's web site.

Thank you for considering my comment.

Claudine Kaye