Mo. Secretary of State Says Firms Should Report Political Spending

5 years 4 months 1 week ago Friday, March 14 2014 Mar 14, 2014 Friday, March 14, 2014 8:32:00 AM CDT March 14, 2014 in News
By: The Associated Press

JEFFERSON CITY (AP) - Missouri Secretary of State Jason Kander is urging federal regulators to require that publicly traded companies report any political spending to their shareholders.

Kander, a Democrat, says investors want to know how money has been spent for political purposes by the companies in which they invest.

Kander's office says he wrote to the Securities and Exchange Commission to support a rulemaking petition submitted in 2011 by several law professors.

 

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