Learn more about our policy experts.

Media Contacts

Angela Bradbery, Director of Communications
w. (202) 588-7741
c. (202) 503-6768
abradbery@citizen.org, Twitter

Don Owens, Deputy Director of Communications
w. (202) 588-7767
dowens@citizen.org

Karilyn Gower, Press Officer
w. (202) 588-7779
kgower@citizen.org

David Rosen, Press Officer, Regulatory Affairs
w. (202) 588-7742
drosen@citizen.org

Other Important Links

Press Release Database
Citizen Vox blog
Texas Vox blog
Consumer Law and Policy blog
Energy Vox blog
Eyes on Trade blog
Facebook/publiccitizen

Follow us on Twitter

 

Aug. 28, 2014

CORPORATE REFORM COALITION

Investors, Activists, to Announce One Million Supportive Comments for Political Spending Disclosure Petition at Securities and Exchange Commission

WHAT: Press conference in which supporters of a petition calling on the Securities and Exchange Commission (SEC) to promulgate a political spending disclosure rule will announce that a record-breaking one million comments have been filed in support of the petition. The petition urges the agency to require all publicly traded companies to disclose political spending information to their shareholders.

The rule was placed on the agency’s agenda by departing SEC Chair Mary Shapiro in 2013 but was removed by Chair Mary Jo White earlier this year. The rulemaking petition has garnered historic support from investors and the general public. Its removal sparked outrage among its advocates, who contend that White is not taking into account the changing needs of investors since the U.S. Supreme Court’s decision in Citizens United v. Federal Election Commission. That ruling gave corporations and the wealthy the green light to spend unlimited sums to influence elections and led to a flood of “dark money” groups that don’t disclose their donors. In addition, White is ignoring the material nature of political spending information (with its inherent risks) to shareholders.

Advocates of the rule will announce an unprecedented level of support for the campaign and make their case for the rule on the SEC’s doorstep.

WHEN: 11 a.m.–12 p.m., Thursday, Sept. 4

WHERE: In front of the U.S. Securities and Exchange Commission, 100 F Street NE, Washington, D.C.

WHO: Lisa Gilbert, director of Public Citizen's Congress Watch division and Liz Kennedy, Counsel at Demos - Moderators  
Professor Robert Jackson, Columbia Law School, one of the initial petition filers
Laura Berry, executive director, Interfaith Center on Corporate Responsibility
Tim Smith, director of ESG Shareholder Engagement, Walden Asset Management
Alan Butkovitz, Philadelphia city controller
Amanda Ballantyne, national director, Main Street Alliance

###

Copyright © 2016 Public Citizen. Some rights reserved. Non-commercial use of text and images in which Public Citizen holds the copyright is permitted, with attribution, under the terms and conditions of a Creative Commons License. This Web site is shared by Public Citizen Inc. and Public Citizen Foundation. Learn More about the distinction between these two components of Public Citizen.


Public Citizen, Inc. and Public Citizen Foundation

 

You can support the fight for greater government and corporate accountability through a donation to either Public Citizen, Inc., or Public Citizen Foundation, Inc.

Public Citizen lobbies Congress and federal agencies to advance Public Citizen’s mission of advancing government and corporate accountability. When you make a contribution to Public Citizen, you become a member of Public Citizen, showing your support and entitling you to benefits such as Public Citizen News. Contributions to Public Citizen are not tax-deductible.

Public Citizen Foundation focuses on research, public education, and litigation in support of our mission. By law, the Foundation can engage in only very limited lobbying. Contributions to Public Citizen Foundation are tax-deductible.