May 11, 2015
In their Citizens United decision, the Supreme Court justified giving corporations a black check to make political contributions by saying than shareholders could stop contributions they did not like. But the shareholders do not know what the companies they own are doing.
The SEC has a duty to protect investors and promote the public interest by issuing a rule requiring disclosure of political contributions by publicly traded companies.
Shareholders need to know whether their money is being used to run a business or to run election attack ads.
Please place a rule on the unified agenda by the end of May 2015 that will require disclosure of political spending, as laid out in file number 4-637.
Homer Edward Price