From: J. Robb Wilson
This is my second response to Public Citizen's message request. In my previous response I hit the "Submit" before I saw this editable message. My comment: unless you want to continue the increasingly belief by many including me, that our country is a plutocracy and no longer a democracy (if it ever was) you will promote transparency as an antidote to the increasing distrust of power in the USA with all the ramifications that state of mind has for our future.
I'm writing as a member of the public and a retail investor in response to the SEC's 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 — and the interests of their shareholders — before making decisions that affect their shareholders and regular Americans.
It's 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.
J. Robb Wilson