From: Joanne Richards
Sent: March 20, 2016
To: rule-comments@sec.gov
Subject: RE: Disclosure Effectiveness Review

The SEC and its commissioners should continue to work on a rule requiring political disclosure from public companies, in the interests of their shareholders. The IRS should do the same with nonprofit organizations that are engaging in political activities over what is allowed by their tax-exempt status.

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 MY interests as a shareholder.

Joanne Richards