U.S. Securities & Exchange Commission
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U.S. Securities and Exchange Commission

The following Letter Type V, or variations thereof, was submitted by individuals or entities.

Letter Type V:

I am deeply concerned about the influence of corporate money on our electoral process.

In particular, I am appalled that, because of the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investors' money on anti-progressive activity in secret. Corporations that we all invest in are fighting against clean air and water, LGBT rights, organized labor, financial protections for consumers, and more...and we don’t know anything about it.

I am writing to urge the Securities and Exchange Commission 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.

Thank you for considering my comment. 

 

 

http://www.sec.gov/comments/4-637/4637-2384.htm


Modified: 05/08/2014