SEC to Propose Rules on Corporate Political Spending by April 2013

The SEC recently updated its entry in the Office of Management and Budget’s Unified Agenda to indicate that, by April, it plans to issue a Notice of Proposed Rulemaking to require public companies to disclose their spending on politics. This is huge! Perhaps petitions, accompanied by thousands of e-mails from supporters, actually can have an impact. Congratulations to Bebchuk and Jackson, co-chairs of the Committee on Disclosure of Corporate Political Spending. See their post at HLS corpgov site.

Join the campaign! Send a message urging the SEC to mandate transparency of corporate money in politics and to move the rule-making process forward this year.
Be sure to add your thoughts about why transparency in corporate political spending is important to you.

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