Subject: File No. S7-42-10
From: Helen Williamson

February 11, 2012

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:

While you may not be able to "legislate morality", you can operate on moral principals and still fulfill you fiduciary responsibility to your company or organization. Capitalism did not choose Democracy, but Democratic governments chose capitalism as the best system to encourage working together for the good of all. Current evidence reveals that unregulated capitalism does not work towards that end. It is time for REASON to come back into grapple with the Greed that rules the roost.

Helen Williamson