Can SEC Make Companies Disclose Political Spending?

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Jan. 31 (Bloomberg Law) -- The SEC is considering a proposal by Robert Jackson , associate professor at Columbia Law School, that public companies be required to disclose their political spending. SEC staff members have said they plan to issue a proposed rule by April of this year. Jackson tells Bloomberg Law's Lee Pacchia that "the thing to keep in mind is that this is investors' money. It's the corporation's resources being spent on this," and investors have a right to know when they decide where to put their money, he says.

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