From: Mary N. Swersey
Iím writing as a member of the public and a retail investor in response to the SECís request for comments on S7-06-16.
Investors deserve to know the ways corporations are buying elections, polluting our environment, affecting our economy, and more. And while corporations have little to no accountability to even their shareholders, disclosure is one solution that requires companies to consider the consequences Ė and the interests of their shareholders -- before making decisions that affect their shareholders and regular Americans.
Itís time for corporations to be honest with their investors and the American people.
Public corporations should at a minimum be required to:
1. Disclose their political spending.
We need to end the secrecy and give investors the information they deserve.
I DO want to know who is contributing to candidates because that gives me an idea of which candidates are likely to be favoring those companies when legislation that can help or harm those companies come up. I deserve to know where my vote is going as my vote is one of my most treasured belongings and my favorite right.
Mary N. Swersey