Subject: Comment on File Number 4-637

April 30, 2012

At the very least shareholders have a right to know how money is being spent in their name. The same should apply to union members, incidentally.

This a travesty. Please take a stand by issuing a rule requiring corporations to disclose their political spending to their share holders.

Thank you for considering my comment.

Sincerely,

Truax McFarland