Tell Vanguard, #NoSecretMoney

Since the Supreme Court’s Citizens United decision in 2010, advocates for money in politics reform have used shareholder resolutions as one strategy for achieving greater corporate transparency in political spending.  While investors have offered 99 disclosure resolutions this spring at corporations nationwide, opposition from institutional investors, who hold a greater share of the stock market, presents a serious challenge to winning votes.

Vanguard, the largest manager of retirement savings in the United States, voted against or abstained from disclosure votes every time they came up in 2015. As a mutual fund that represents the savings of millions of American families, we think Vanguard can do better.

Tell Vanguard to stand with the families it represents by supporting political spending disclosure at shareholder meetings this spring.