April 28, 2012
Dear members of the Securities and Exchange Commission:
I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
As an investor, I rely on the fact that U.S. SEC regulations ensure that I have full disclosure about the companies in which I choose to invest.
Currently, corporations are using the supreme court decision Citizens United v FEC as a shield to obfuscate some of their spending to myself and other investors. I don't believe that this ruling exempts those corporations from disclosing political expenditures to investors, but a clear ruling from the SEC appears to be needed to prevent this practice.
Please continue to protect the transparency necessary for investors like myself to make fully informed decisions.