I oppose the proposed rule change to adopt listing standards for Natural Asset Companies [NAC]. There are severe national security, economic and constitutional issues. The rule change is aimed at furthering the “fundamental transformation” of the United States into a country in which property rights and other personal freedoms are stripped from us in favor of a “global reset” that consolidates power and wealth in the tyrannical hands of foreign adversaries like: the Chinese Communist Party; other unelected, oppressive oligarchs; and unaccountable bureaucrats, here and abroad. Natural Asset Companies: NAC companies would be given license to control lands, both public and private, and would be required not to conduct any “unsustainable activities, such as mining, that lead to the degradation of the ecosystem. Sovereign nations, such as the United States Government, can provide their lands to private investors, including those outside the United States. China, for example, may be able to invest in a NAC and effectively be a stakeholder in our national parks. Russia could assume control of lands currently leased to produce oil and place them off limits for future natural resource development. NACs would prevent the productive use of the land, which would hurt the landowners financially, but also reduce the supply of minerals, food, and other goods that come from the land. How might a company make control of land profitable while also not using the land? The method is admittedly confusing, perhaps intentionally. They profit from “ecological performance” such as “conservation, restoration, or sustainable management.” These NACs would quantify and monetize these natural outputs (such as air or water). The best comparison would be using the air we breathe as a cryptocurrency of sorts. And, these natural assets that collectively belong to all of us would now belong to corporations run by what many would call environmental special interests. Traditional accounting standards would not be used to regulate NACs. Likely, this is because NACs would not withstand scrutiny under generally accepted accounting principles. This effort would be a huge windfall for the federal government and the NACs. The government would create an entirely new revenue stream that would solely benefit the Davos-type [World Economic Forum] crowd that gives the current administration support. Both Big Government and radical environmentalists stand to benefit. The losers are We The People. Do not give this power to the corporation/government complex. Thank you. Marian Nelson