This is too good to be true, and won't happen, Mary Jo/SEC will wimp out in face of corporate lobbying
The Securities and Exchange Commission may soon make publicly traded corporations disclose all of their political donations, and business groups are already preparing a counterattack.
http://www.nytimes.com/2013/04/24/us...ations.html?hp
This is too good to be true, and won't happen, Mary Jo/SEC will wimp out in face of corporate lobbying
I hope they do it. Seeing a lot of shareholder proposals on my proxies these days about requiring companys to disclose their contributions. They all fail, unfortunately, but some of them have come close.
Yup. The SEC seems fairly determined this time around too.
from TFA:
On Thursday, in a bid to block any new rule, House Republicans introduced legislation that would make it illegal for the agency to issue any political disclosure regulations applying to companies under its jurisdiction.
cue bubbas rant...
anti-American Repugs aggressively doing the bidding of their 1%/VRWC paymasters.
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