From: Jim Steitz
***The specific commercial and contractual relationships for which corporations are established with special powers should are inherently abused when the same corporations repurpose themselves, and their funds thus acquired, to political ends. Allowing publicly traded corporations that have none of the social, physical, psychological, or other limitations of actual human beings to exercise political influence in the human realm is a fundamental confusion of categories that SEC must correct in its role as overseer of corporations. Please pass a robust rule on political spending disclosure, now and prevent the massive commercial powers of for-profit corporations from being leveraged into political powers beyond the reach of any citizen.***
The SEC and its commissioners should continue to work on a rule requiring political disclosure from public companies, in the interests of their shareholders. Businesses should not be empowered to use backdoor political channels like nonprofits or associations to do their political bidding, and shareholders have a right to know how executives are using company resources for political purposes — especially if those purposes are against shareholders' interests.
Jim SteitzGatlinburg, TN