Subject: Comment on File Number 4-637

July 25, 2012

As you are aware, because of the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investors' money on political activity in secret.

Corporate goals are often at odds with the goals of citizens, of real people. Corporations should not be able to spend the money of their owners on political speech without disclosing to them that they are doing so. The corporations' owners' money should not be used against those owners' own interests.

Please issue a rule requiring publicly traded corporations to publicly disclose all their political spending.

Doug Baker