Jan 31, 2012
Securities and Exchange Commission
Dear Commission,
Right now, Super PACs don't have to disclose their unlimited corporate donations. That means they can keep the public in the dark about who's funding the attack ads that bombard their TV screens daily.
That's why I'm joining with the 14 United States senators who formally asked you to use your regulatory authority to require that corporations disclose their spending in elections.
SEC: Exercise your regulatory authority to require public disclosure of corporate political contributions.
I believe it is extremely important for the public to be given full information on who is donating to PACS. The fact that they can now hide this information seems very un-American to me and I hope that this situation can be quickly changed so that we can obtain the information we need to make informed decisions.
Also, corporations should NOT have the ability to make unlimited contributions to political candidates or their campaigns. The decision permitting this is blatantly wrong.
Thank you.
Sincerely,
Diane Coffield