From: Joan Erlanger
Sent: March 19, 2016
To: rule-comments@sec.gov
Subject: RE: Disclosure Effectiveness Review

Shareholders have the right to know how their invested assets are used, especially for political purposes. If these publicly traded companies are using resources to back parties/candidates that do not reflect the investors' perspectives, then the shareholders can vote with their dollars and divest. I encourage the SEC to act in the best interest of said shareholders by requiring full disclosure.

Joan Erlanger

Lincoln City, OR