Latest News
By Federal Newswire | Feb 5, 2024
Three Nebraska legislators have introduced a bill aimed at preventing the state and its subdivisions from conducting transactions, investments, or business with Natural Asset Companies (NACs). This development follows the recent decision by the Securities and Exchange Commission (SEC) to withdraw a proposal that would have added NAC listing standards to the New York Stock Exchange (NYSE).
By Federal Newswire | Feb 2, 2024
Austin Knudsen, Montana's attorney general, recently voiced his concerns about the organizations leading the push for Natural Asset Companies (NACs), stating that these groups are threatened by investigation and exposure. His comments were made during a radio program called "SHOT show".
By Federal Newswire | Jan 29, 2024
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.
By Federal Newswire | Jan 29, 2024
U.S. Senator Cynthia Lummis (R-Wyo.) has commended the New York Stock Exchange's (NYSE) decision to retract the proposed Natural Asset Company (NAC) rule. Before this development, Lummis had collaborated with fellow Wyoming Congresswoman U.S. Representative Harriet Hageman (R-Wyo.) in expressing opposition to the rule.
By Federal Newswire | Jan 26, 2024
U.S. Sen. John Barrasso (R-Wyo.) has expressed his support for the New York Stock Exchange's (NYSE) decision to withdraw a proposal to incorporate Natural Asset Companies (NACs) into the Exchange. He highlighted the potential threat this could have posed to public lands. His remarks came shortly after the U.S. Securities and Exchange Commission (SEC) announced the termination of the proposal.
By Federal Newswire | Jan 25, 2024
The U.S. Securities and Exchange Commission (SEC) withdrew the proposed rule to establish Natural Asset Companies (NACs) on Wall Street on Jan. 17. The withdrawn rule drew criticism from U.S. Rep. Harriet Hageman (R-Wyo.) due to its potential impact on her home state of Wyoming.
By Federal Newswire | Jan 25, 2024
U.S Representative John Curtis (R-Utah) has expressed his opposition to the control of public land by Natural Asset Companies (NACs). His comments come in the wake of the Security and Exchange Commission's (SEC) recent withdrawal of a proposal to add NAC listing standards to the New York Stock Exchange (NYSE).
By Federal Newswire | Jan 24, 2024
Amanda Radke, a fifth-generation rancher and writer from South Dakota, penned an opinion piece for Farmer's Advance where she discussed the New York Stock Exchange's (NYSE) decision to withdraw the proposed Natural Asset Company (NAC) rule. Radke hailed this development as a victory for individuals residing in central, rural America.
By Federal Newswire | Jan 19, 2024
The U.S. Securities and Exchange Commission (SEC) has issued a public notice stating that the New York Stock Exchange (NYSE) has withdrawn the proposed rule to approve the creation of "Natural Asset Companies" (NACs) on Wall Street. NACs were conceived as a means for investors and governments to generate earnings from protecting natural resources associated with climate crisis policies.
By Federal Newswire | Jan 15, 2024
Wyoming Secretary of State, Chuck Gray, has voiced his objection to the Securities and Exchange Commission's (SEC) proposed rule change permitting the listing of "natural asset companies" (NACs) on the New York Stock Exchange (NYSE). Gray is the first Secretary of State to officially oppose NACs.
By Federal Newswire | Jan 11, 2024
Utah's Attorney General, Sean D. Reyes, has led a comment letter on behalf of 25 states to the U.S. Securities and Exchange Commission (SEC) regarding a recent proposed rule change. This change would permit the New York Stock Exchange (NYSE) to list "Natural Asset Companies" (NACs) on the exchange for public interest. The letter was published on January 9, following the SEC's decision to reopen the comment period on the proposed rule change.
By Federal Newswire | Jan 11, 2024
David L. Kanagy, the executive director and CEO of the Society for Mining, Metallurgy, and Exploration (SME), has expressed his concerns to the Securities and Exchange Commission (SEC) regarding the proposed Natural Asset Company (NAC) rule. In a recent letter to Sherry R. Haywood, assistant secretary of the SEC, Kanagy argued that the proposed rule is against public interest as it would increase reliance on foreign minerals and mining.
By Federal Newswire | Jan 9, 2024
The Biden Administration has recently unveiled the Landsat 2030 Initiative, a project aimed at gathering data on Earth's natural features. However, the initiative has faced criticism as it could potentially be used to categorize lands as Natural Asset Companies (NACs), according to an article from the American Stewards of Liberty (ASL).
By Federal Newswire | Jan 9, 2024
President Joe Biden's 30x30 plan has successfully conserved 24 million acres of land over the past three years, with an addition of 12.5 million acres to Federal lands in 2023 alone. A recent article from the American Stewards of Liberty (ASL) reveals that Biden has also increased his conservation spending, allotting $18 billion to conservation projects.
By Federal Newswire | Jan 8, 2024
Recently, hundreds of new groups have submitted comments to the Securities and Exchange Commission (SEC), expressing their opposition to the New York Stock Exchange's (NYSE) Proposed Rule Change to Natural Asset Companies (NACs). Among these opposing entities are grassroots organizations such as the Texas Farm Bureau, the Women’s Mining Coalition (WMC), and the Allegheny Forest Alliance (AFA).
By Federal Newswire | Jan 3, 2024
The Securities and Exchange Commission (SEC) has issued an official announcement, indicating the reopening of comments on the proposed rule for Natural Asset Companies (NAC). The extended deadline for submitting comments is now set for January 18.
By Federal Newswire | Jan 3, 2024
A recent report by the Property and Environment Research Center (PERC) explores how international visitors to U.S. national parks could contribute additional revenue needed for maintenance and care of these sites. The report suggests that a modest surcharge on entry fees for international tourists could significantly boost funding.
By Federal Newswire | Dec 21, 2023
Julia McCray, the executive director of Allegheny Forest Alliance (AFA), recently expressed her concerns regarding the proposed Natural Asset Company (NAC) rule, which is currently under consideration by the Securities and Exchange Commission (SEC). She called upon Americans to oppose this rule, describing it as a "boot on the throat" of small communities.
By Federal Newswire | Dec 21, 2023
The Club for Growth Foundation, an organization known for advocating economic freedom and limited government, has expressed concerns to the Securities and Exchange Commission (SEC) regarding a proposed rule change sought by the New York Stock Exchange (NYSE). The proposed rule pertains to Natural Asset Companies (NACs), and the Foundation argues that this could cause the SEC to deviate from its mission as established by Congress in the Securities Exchange Act of 1934.
By Federal Newswire | Dec 18, 2023
In a letter addressed to Securities and Exchange Commission (SEC) Chairman Erik Gerding, Congresswoman Harriet M. Hageman, along with thirty-one U.S. House Members, expressed deep concern over the SEC's proposed rule to approve the New York Stock Exchange's (NYSE) listing of Natural Asset Companies (NACs). The letter outlined the intricate nature of the proposal and raised critical questions regarding its potential impact on public and private lands.
