The S.E.C. and Political Spending

It’s almost Election Day. Shareholders: Do you know how the cash from companies you invest in is being spent to influence the outcomes? Unless you invest in companies that voluntarily disclose their political spending, the answer is no. Worse, the Securities and Exchange Commission — the presumed guardian of investors’ right to know how corporate executives spend shareholder money — will not lift a finger to help you find out. More in the New York Times here.