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.
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.
As a shareholder in publicly traded companies, I want to know what policies and politicians that company's money is being given to. The CEO of a company isn't the company, yet is allowed to make political contributions in the company's name, without telling anyone. That is shameful. I want to know what political contributions I am being forced to fund because of my shares of stock in companies.
Thank you for considering my comment.