Subject: File No. SR-NYSE-2023-09
From: Joseph M. Cadrin

The proposed rule change to create and list natural asset companies on stock exchanges is a redefinition of private property. Unencumbered private property ownership is essential to freedom. It is also what makes America unique amongst countries in the world. Included in this freedom is the right productive use of that property and the ability to sell property for future productive use. This rule change will destroy that. The proposed rule change also jeopardizes American sovereignty, enabling foreign counties (including our enemies) to control the use and supply of essential materials. The proposed rule change will decrease the food and wood supply, possibly resulting in the needless deaths of people from starvation and heating fuels. Additionally, only a small percentage of Americans will economically benefit from the rule change, further widening the wealth gap.