Brandeis’s heirs in the progressive movement – along with other opponents of the Supreme Court’s decision in Citizens United – have sought to have the SEC direct some sunlight on corporate political spending. This week the Commission closed the shades. In announcing its 2014 “Priorities,” the SEC omitted any mention of corporate political transparency. The implication is that the SEC will not issue any new rules on this, despite announcing late last year that it was considering “a proposed rule to require that public companies provide disclosure to shareholders regarding the use of corporate resources for political activities.”
Political Corporate Contributions Won’t Be Aired in Daylight
