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U.S. Securities and Exchange Commission

The following Letter Type D, or variations thereof, was submitted by individuals or entities.

Letter Type D:

Dear Ms. Murphy,

In January 2010, the Supreme Court issued a ruling that opened the floodgates for increased corporate influence in our elections. This decision, Citizens United v. FEC, rolled back long-standing restrictions on corporate spending in elections, allowing corporations, trade associations and non-profits to spend unlimited, and often undisclosed, amounts of money directly on elections.

I support the petition before the U.S. Securities & Exchange Commission (File No. 4-637) requiring public companies to disclose to shareholders the use of corporate resources for political activities. I urge the SEC to immediately take action on this matter.

SEC Commissioner Luis Aguilar has declared his support for these reforms, noting that this issue reflects a "core responsibility" of the SEC and should be addressed "swiftly". I hope that the remaining Commissioners heed his advice.

Thank you,

 

http://www.sec.gov/comments/4-637/4637-326.htm


Modified: 03/30/2012