May 2, 2012

Subject: Comment on File Number 4-637

Dear members of the Securities and Exchange Commission:

I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.

Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.

Personal NOte:

The shareholders of every corporation are being duped. The disclosure of campaign contributions should be mandatory. However, if the coporation in question feels it will profit from keeping this information from their shareholders, then it is up to the SEC to protect the shareholders.

The corporate officers may or may not be right as to the future profitability of their campaign contributions. If a corporation loses money or causes the corporation to enter bankruptcy, then the SEC would definitely intervene.

Why wait for a catastrophe that might destabilize an already jittery market. Please consider taking action on a potentially disastrous situation. The spending of shareholder monies without their knowledge.

Thank you for considering my comment.

Sincerely,

Karen Thaw