November 6, 2013
Dear Comment file 4-637,
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 investor's money on political activity in secret.
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.
In my opinion either put up one vote per person with no money given anonymously or one vote per person with money and a signature, address published. This way it is easy for the people who live in the area associated with the specific voting result can determine if money is coming from an outside arena. This is the same as if someone came in to vote from outside the limits
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.
Sincerely,
Andy Wallisjr