Tuesday, January 24, 2012

Tell the SEC: Shine sunlight on corporate spending in elections!!

Tell the SEC: Shine sunlight on corporate spending in elections!

Dear Kevin

Curb the Corporate Agenda of Activist CEOs!

Tell the SEC to Expose the Hidden Influence of Corporate Money!

CEOs of massive corporations are poised to secretly funnel millions of dollars from corporate coffers toward electing corporate candidates in 2012. Join our action to stop them now!

They want to keep their spending in the dark. Thankfully, the Securities and Exchange Commission (SEC) has the authority to expose their hidden influence. But the SEC isn’t going to act without public pressure.

Tell the SEC: Shine sunlight on corporate spending in elections.

The U.S. Supreme Court’s disastrous ruling in Citizens United v. Federal Election Commission unleashed this flood of unaccountable corporate money. But the bulk of this money actually belongs to shareholders – mostly working people who have a 401k or similar retirement plan.

You may use the suggested language below without changing it. But if you write your own comment, it will be documented and read separately from those who use the sample language without revising it.

Note: Your comment and any other information you provide below will be displayed publicly on the SEC’s website or on www.regulations.gov.

EXAMPLE

Subject: Comment on File Number 4-637
Your Letter:

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. Federal Election Commission, 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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2 Comments:

Anonymous Michelle said...

Such a great article it was which The U.S. Supreme Court’s disastrous ruling in Citizens United v. Federal Election Commission unleashed this flood of unaccountable corporate money. But the bulk of this money actually belongs to shareholders – mostly working people who have a 401k or similar retirement plan. Thanks for sharing this article.

8:31 PM  
Anonymous Morgan said...

Nice post which CEOs of massive corporations are poised to secretly funnel millions of dollars from corporate coffers toward electing corporate candidates in 2012. In which They want to keep their spending in the dark.Thanks a lot for posting this article.

4:50 AM  

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