Randall Brink, a contributing author for RVtravel, recently penned an article in response to the Securities and Exchange Commission's (SEC) decision to withdraw the Natural Asset Company (NAC) proposal. Brink hailed this development as a victory for the RV community and outdoor enthusiasts.
Brink was quoted saying, "In a surprising turn of events this week, the Securities and Exchange Commission has withdrawn its proposal concerning Natural Asset Companies (NACs)". He further added, "This decision is a significant victory for outdoor recreation enthusiasts, including the RV and camping community."
The Federal Newswire reported that the SEC has retracted its support for the proposed rule by the New York Stock Exchange (NYSE) to establish NACs on Wall Street. The critics had previously tagged NACs as a strategy enabling investors and governments to derive "profits" from natural resources.
In his critique of the proposal published on RVtravel, Brink described it as a "significant threat to the traditional recreational use" of public lands in America. He urged RV users, campers and hikers to resist this rule, asserting that their voices must be heard in order to prevent sequestering lands under the guise of conservation.
After the SEC’s withdrawal of the NAC rule, Brink delved into what this means for the RV community and potential future regulations in another article. He expressed that this move by SEC ensures continued access to natural sites and public lands for activities such as hiking and camping. According to Brink, under NACs, RV enthusiasts who cherish unspoiled environments would have been subjected to restrictions or higher fees.
In his article, Brink noted: "The SEC’s withdrawal alerts the public for future regulatory schemes that purport to conserve the environment while curtailing or blocking public access." He stated that SEC's rejection of the NAC proposal benefits the RV and camping community by preserving current access and facilitating ongoing discussions on natural asset management. He urged RV enthusiasts, as environmental stewards, to remain engaged in these dialogues and advocated for a balanced approach in granting public access to natural resources.
RVtravel identifies Brink as an Idaho-based author and professional who has written books such as Lost Star: The Search for Amelia Earhart. His varied background includes roles as an airline captain, chief executive, and Alaska bush pilot. According to RVtravel, all their contributing writers are "RVing experts."
