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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>The Million-Comment-Letter Petition: The Rulemaking Petition on Disclosure of Political Spending Attracts More than 1,000,000 SEC Comment Letters &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>The Million-Comment-Letter Petition: The Rulemaking Petition on Disclosure of Political Spending Attracts More than 1,000,000 SEC Comment Letters</title>
		<link>https://corpgov.law.harvard.edu/2014/09/04/the-million-comment-letter-petition-the-rulemaking-petition-on-disclosure-of-political-spending-attracts-more-than-1000000-sec-comment-letters/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=the-million-comment-letter-petition-the-rulemaking-petition-on-disclosure-of-political-spending-attracts-more-than-1000000-sec-comment-letters</link>
		<comments>https://corpgov.law.harvard.edu/2014/09/04/the-million-comment-letter-petition-the-rulemaking-petition-on-disclosure-of-political-spending-attracts-more-than-1000000-sec-comment-letters/#comments</comments>
		<pubDate>Thu, 04 Sep 2014 15:00:03 +0000</pubDate>
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		<category><![CDATA[Rulemaking Petition on Corporate Political Spending]]></category>
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		<category><![CDATA[Shining Light on Corporate Political Spending]]></category>
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		<description><![CDATA[In July 2011, we co-chaired a committee of ten corporate and securities law experts that petitioned the Securities and Exchange Commission to develop rules requiring public companies to disclose their political spending. We are delighted to announce that, as reflected in the SEC’s webpage for comments filed on our petition, the SEC has now received [&#8230;]]]></description>
				<content:encoded><![CDATA[<hgroup><em>Posted by Lucian Bebchuk, Harvard Law School, and Robert J. Jackson, Jr., Columbia Law School, on Thursday, September 4, 2014 </em><div class='e_n' style='background:#F8F8F8;padding:10px;margin-top:5px;margin-bottom:10px;text-indent:2.5em;'><strong style='margin-left:-2.5em;'>Editor's Note: </strong> <p style="margin:0; display:inline;"><a href="http://www.law.harvard.edu/faculty/bebchuk/" target="_blank" rel="noopener">Lucian Bebchuk</a> is Professor of Law, Economics, and Finance at Harvard Law School. <a href="http://www.law.columbia.edu/fac/Robert_Jackson" target="_blank" rel="noopener">Robert J. Jackson, Jr.</a> is Professor of Law at Columbia Law School. Bebchuk and Jackson served as co-chairs of the Committee on Disclosure of Corporate Political Spending, which filed a <a href="http://www.sec.gov/rules/petitions/2011/petn4-637.pdf" target="_blank" rel="noopener">rulemaking petition</a> requesting that the SEC require all public companies to disclose their political spending, discussed on the Forum <a href="http://blogs.law.harvard.edu/corpgov/tag/rulemaking-petition-on-corporate-political-spending/">here</a>. Bebchuk and Jackson are also co-authors of <a href="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2142115" target="_blank" rel="noopener">Shining Light on Corporate Political Spending</a>, published last year in the <em>Georgetown Law Journal</em>. A series of posts in which Bebchuk and Jackson respond to objections to an SEC rule requiring disclosure of corporate political spending is available <a href="http://blogs.law.harvard.edu/corpgov/tag/shining-light-on-corporate-political-spending/">here</a>. All posts related to the SEC rulemaking petition on disclosure of political spending are available <a href="http://blogs.law.harvard.edu/corpgov/tag/rulemaking-petition-on-corporate-political-spending/">here</a>.</p>
</div></hgroup><p>In July 2011, we co-chaired a committee of ten corporate and securities law experts that <a href="http://www.sec.gov/rules/petitions/2011/petn4-637.pdf" target="_blank" rel="noopener">petitioned</a> the Securities and Exchange Commission to develop rules requiring public companies to disclose their political spending. We are delighted to announce that, as reflected in the SEC’s <a href="http://www.sec.gov/comments/4-637/4-637.shtml" target="_blank" rel="noopener">webpage for comments filed on our petition</a>, the SEC has now received more than a million comment letters regarding the petition. To our knowledge, the petition has attracted far more comments than any other SEC rulemaking petition—or, indeed, than any other issue on which the Commission has accepted public comment—in the history of the SEC.</p>
<p> <a href="https://corpgov.law.harvard.edu/2014/09/04/the-million-comment-letter-petition-the-rulemaking-petition-on-disclosure-of-political-spending-attracts-more-than-1000000-sec-comment-letters/#more-65574" class="more-link"><span aria-label="Continue reading The Million-Comment-Letter Petition: The Rulemaking Petition on Disclosure of Political Spending Attracts More than 1,000,000 SEC Comment Letters">(more&hellip;)</span></a></p>
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