April 28, 2012

Subject: Comment on File Number 4-637

Dear members of the Securities and Exchange Commission:

An informed public is fundamental to an open, functioning democracy. A primary purpose of the First Amendment of our Constitution is to make it possible for the people to be fully informed. It follows that full and concurrent disclosure of the identity of every person, group,or entity attempting to influence our society be required by law. No entity publishing information or opinion should have the right to conceal its identity Period!

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.

Thank you for considering my comment.


Helen Pearlman