April 29, 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.
I sincerely believe that a part of the SEC' role is to protect shareholders as well as the general economy as it is effected by the Street. Shareholders should know about monies spent in political action as this money would better serve shareholders as a part of a dividend disbursement to them whose faith in a product keeps the company afloat through investment.
The SEC was created in part to insure that 1929 never happened again and now we are full tilt back to the days where market manipulation is rampant through the political process. If the honorable members of the SEC can not stop corporate spending in the political arena they can at the very least make it transparent to the shareholders who may not want companies they own a piece of working against their interests.
Only with complete transparency can a person make a fully informed investment decision.
Sincerely
Mark Durfee
Detroit
Sincerely,
Mark Durfee