From: Joy Schochet
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. The public perceives that no one is working for their interests, neither the private sector nor government, and this is part of the disaffection of people today. It is time that government agencies acted in the public — rather than the private, for-profit — sector and that big money ceases to play a disproportionate role in public decisions and regulations. Joy Schochet Chicago, IL
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