February 2, 2013
Dear Members of the Securities and Exchange Commission:
It's long past time to end secret political spending by corporations.
So 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.
Both shareholders and the public deserve to know how much a given corporation spends on politics (directly and through intermediaries), and which candidates are being promoted or attacked.
Thank you for considering my comment.
(I spent my 30-year career in securities regulation [Wisconsin], and was always appalled by the inaction by the SEC on most matters of importance. It's AT LEAST time for the SEC to get its act together and do AT LEAST this.)
Sincerely,
William Lloyd