February 17, 2012
In your capacity as the agency charged with protecting the public from fraud and abuse, I am writing to ask you to require all publicly traded companies to disclose HOW they spend money to influence elections.
Since the U.S. Supreme Court's ruling in Citizens United, corporate CEOs are spending unprecedented, unlimited and undisclosed amounts of shareholder's dollars to elect candidates in 2012. But this money does not belong to the CEOs. It belongs to the shareholders and they have the unmitigated right to KNOW how their investment dollars are being spent.
You have the authority to demand this disclosure. It is your moral and ethical duty to do so. I implore you to take action to protect the public from the fraud and abuse of CEOs who treat our investments as their private political warchests.
Sincerely,
Amy Wheat Rumberger
Alameda, California