Democrats Pressure SEC to Force Disclosure of Political Spending

Dems Pressure SEC on Corporate Political Spending

Lock
This article is for subscribers only.

The U.S. Securities and Exchange Commission is being dragged into the 2016 presidential election -- and it has nothing to do with how it regulates Wall Street.

More than 40 Democratic senators signed a letter Monday urging SEC Chair Mary Jo White to require that public companies disclose their spending on political campaigns. The issue risks driving another wedge between White and many Democrats who see her as the best remaining hope for restricting corporate campaign cash.