May 3, 2012
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.
Furthermore, the nationality of all major shareholders should be disclosed along with political spending. Any corporation whose controlling shares of stock are owned by or voted on behalf of foreign nationals should be prohibited from ANY AND ALL political spending regarding elections and/or legislative decisions within the United States.
Thank you for considering my comment.
Sincerely,
Stephen Stringham, PhD