“SEC Moves to Require That Corporations Disclose All Political Spending”

Press release: “The Corporate Reform Coalition applauds the Securities and Exchange Commission’s (SEC) commitment to seek disclosure of all corporate political spending in response to a historic demonstration of investor demand for such a rule-making. In one of the last actions of departing SEC Chair Mary Schapiro’s term, the agency announced that it will consider a proposed rule to require that public companies provide disclosure to shareholders regarding the use of corporate resources for political activities. A petition requesting this rulemaking was filed in 2011 by a bipartisan committee of leading law professors.”

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