April 28, 2012
Dear members SEC members:
My immediate concern is trying to find out what the holder of my stock portfolio, Fidelity Investments, spends on politics. I read that it gave $100K to the Republicans. I wrote the President for confirmation & got a PR letter full of circumlocution. In short I don't want to keep my portfolio with a company that only contributes to one party. But they aren't going to tell me. Thus I have no way to support or oppose Fidelity's actions.
I agree: shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.
Thank you for your help.
Lee Liberman