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Thu Feb 9, 2012, 06:34 PM

 

Common Cause: SEC has the authority to reveal secret corporate money used to influence elections

Did you know that the Securities and Exchange Commission (SEC) has the authority to pull back the curtain on the secret corporate money turned loose on our elections by Supreme Court's Citizens United ruling?

It's true. As the agency created to protect investors from corporate abuse, the SEC would be well within its authority to require that publicly traded corporations disclose how they're spending money to tilt our elections.

But the SEC won't act without pressure. And that's where you come in.

Let's show the SEC that consumers and shareholders oppose secret corporate political spending.

Tell the SEC to require corporations to disclose their spending on politics.

Whether you're a consumer or an investor, the money we put into corporations should not be used as a political weapon.

It doesn't have to be this way. We can take back our democracy.

Tell the SEC: Bring corporate spending on elections into the sunshine.

Requiring publicly traded corporations to disclose how they're trying to influence elections can make a big difference in 2012. Let's make sure that we can hold accountable the corporations that use Super PACs and other groups to funnel money often in secret into our elections.

Sincerely,

Bob Edgar
and the rest of the team at Common Cause

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