July 9, 2016
With very little transparency to their investors, major corporations operate in the U.S. with a 'carte blanche' attitude. Corporations should not be able to 'buy elections,' skirt tax laws or harm the environment.
It's time for corporations to be honest with their shareholders and U.S. citizens at large. Mandatory disclosure is the only way to end unscrupulous 'backroom deals' and 'pay-to-play' politics. The SEC should force corporations to give investors and the U.S. public the information they deserve. Specifically, the SEC should require corporations to disclose the following: how much they spend influencing elections, their use of overseas 'tax havens' and their plans to conduct business in an environmentally responsible manner.
Thank you for your consideration on these matters.