Subject: File No. S7-42-10 - Comment from ONE Member Williams

Dear SEC Commissioners,

Please do not give in to industry pressures on Section 1504 of the Dodd-Frank Act (the Cardin-Lugar Amendment) - and make sure that ALL companies are covered, every country and every project gets reported, and loopholes that would allow large sums of money to go unreported are closed.

My Comment:

True democracy and decency can only thrive in the "light" of day. Make sure that the SEC always shines a "light" on all business dealings that it overseas. That's your job - to ensure that all business dealings are honest and above board and open to scrutiny by all!! If business dealings need to be hidden, then there's something seriously wrong and the SEC only taints itself if it accommodates or helps to hide dishonest business dealings.

ONE Member Williams