February 1, 2013
Dear Members of the Securities and Exchange Commission:
It's long past time to end secret political spending by corporations. The 2012 election was by far the most costly election in our countriy's history, and this was almost entirely due to the unprecedented infusion of secret corporate money into the elective process.
Therefore I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose ALL their spending on political activities, with severe penalties for non-compliance.
Both shareholders and the public deserve to know how much a given corporation spends on politics both directly and through intermediaries, and which candidates are being promoted or attacked by each corporation.
Thank you for considering my comment.
Sincerely,
Henry Bennett