Subject: File No. SR-NYSE-2023-09
From: Chris Negron

Do not adopt these Listing Standards for Natural Asset Companies. Under the terms listed out in SR-NYSE-2023-09, the "Stakeholders" could turn off the water in Western states like Idaho, Utah, Nevada, Arizona, and California through NAC control of massive tracts of public land, collapse farms, etc., squeeze people into cities, and turn a huge profit off the crisis. If you file as a public company today, you have to follow standard accounting rules and get audited by an accounting firm to make sure that you actually have the money/assets they claim so investors don't get screwed. Under the voodoo accounting that an NAC uses, the ultrawealthy can purchase vast swaths of farmland (or other vital resources) and get paid from another firm for shutting the farmland down and keeping it inoperable. Combine this with a carbon credit scheme, and you can see how this completely distorts the productivity mechanism of capitalism. It creates a fake "Sustainable Capitalism" far more directly than the current ESG cartel manipulation. The goal of NACs is to shift us off the real economy and onto a corrupt Degrowth Distributism/Communism "Well-being Economy," which is completely in line with everything in the Degrowth Communism system. That is, NACs are the gateway to 21st c. Communism globally. They are in complete opposition to the SEC's stated goals of to protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.