US Securities and Exchange Commission (SEC) gives shareholders more of a voice when publicly-traded corporations spend money on politics

From a Brennan Center for Justice blog article, which doesn't offer reader commenting.  For details, please read the entire article.

"The SEC has just issued an important post-Citizens United no-action letter that will enhance the ability of shareholders to have more of a voice when publicly-traded corporations spend money on politics. In doing so, the SEC recognized that shareholder accountability over corporate political spending is a significant policy issue that can’t be barred from a proxy statement under the ordinary business exclusion. ...

This SEC no-action letter means shareholders can assert self-help on a company-by-company basis, not just on transparency of political spending, but also on an advisory shareholder vote on such spending.  This is a big step in the right direction for giving shareholders more protections after Citizens United allowed corporations the ability to spend other people’s money in politics."

Remember, "voting turnout and activism means spreading the word!"