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.