April 28, 2012
Dear members of the Securities and Exchange Commission:
Please issue a rule requiring publicly traded corporations to publicly disclose all their political spending. One cannot actively nor passively participate in the American marketplace without being constantly barraged by the products of corporate political spending. The corporate purchasers of these political products should publicly disclose these expenses. This may be free speech but it is a sizeable corporate expense with significant influence in the marketplace.
Just as insider trading is illegal, insider trading of political contributions for government influence must be exposed. Both 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 considering my comment.
Sincerely,
Paula Rotondi