November 7, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
Politics is dirty game because politicians sometimes pollute our environment through their legislation agenda. By sponsoring a bill to become a law aimed to advance the business interest of their sponsoring corporation through campaign fund donations they are in effect contributing for instance to global warming. 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. This the only way to curc and check illegal election funds contributions.
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,
Mouztafah Sindab