Fight Looms As SEC Mulls Campaign Money Disclosures

Law360, New York (February 28, 2012, 7:35 PM EST) -- Executives at public companies are feeling intense pressure to disclose corporate political donations made legal by the U.S. Supreme Court's Citizens United ruling, but experts say the U.S. Securities and Exchange Commission will face resistance as it begins crafting a rule that would force the issue.

Advocates of disclosure got a big boost Friday when the SEC's Luis A. Aguilar, a sitting commissioner, said the agency should "provide for disclosure of corporate political expenditures” so that investors and consumers can see what politicians are getting corporate backing.

The looming fight...
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