Monday, November 11, 2013

Make corporations disclose political spending

From the Daily Kos:

Our Message to Securities & Exchange Commission
Dear S.E.C. Chairwoman Mary Jo White:

I am deeply concerned about the influence of corporate money on our electoral process. In particular, I am appalled that, because of the Supreme Court's ruling in Citizens United v. FEC, publicly traded corporations can spend investor's money on political activity in secret. I am writing to urge the Securities and Exchange Commission to issue a rule requiring publicly traded corporations to publicly disclose all their political spending. 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.

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