Sent: February 4, 2013
To: rule-comments@sec.gov
Subject: Comment on File Number 4-637

February 04, 2013

Dear Members of the Securities and Exchange Commission:

I agree with the message to you below, drafted by an advocacy organization. But I would like to underscore further the corrosive effect of corporate money in politics. The Citizens United decision laughs at any notion of fairness in free speech and political discourse. In my estimation, money is not speech and speech is not money.
Further, corporate shareholders, even those whose interest is through mutual funds, should be clearly informed of expenditure of their corporation's money toward influencing elections.
Thank you for your consideration,
Jeremy Heiman
[address redacted]

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.

 

Sincerely,

Jeremy G Heiman