February 2, 2013
Dear Members of the Securities and Exchange Commission:
Political spending by rich corporations is a big issue, their spending should not be kept secret. It's long past time to end it now!
I strongly support the SEC issuing a rule 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. Knowing who the companies spend their money on will affect where I invest my money. Perhaps these companies are afraid this may affect their sales of stocks.
Thank you for considering my comment.
Sincerely,
Lin Ahearn