Subject: File No. SR-NYSE-2023-09
From: Jason Stadt

Subject: File No. SR-NYSE-2023-09 This rule should not be adopted. It is dangerous to cede power and control over our national assets to for-profit entities and investors for the following reasons: Proposed Rule Authorizes Federal Lands, Including National Parks, to be Enrolled into NACs. Proposed Rule Gives “Management Authority” to the NAC. The Biden Administration is Preparing to Enroll the Federal Lands into NACs. Proposed Rule Invites Foreign Interests to Invest in an NAC. Land Trusts can Enroll Conservation Easements without Landowner’s Permission. Exclusive Rights to Natural Processes will be Monetized and Assigned to NACs. Protection of the Resources is Prioritized over Human Flourishing. Our National Treasures should be for the enjoyment and use of the American people not precluded from use by Wall St. investors looking to make money by managing these assets for non-use. This whole idea is unlawful according to the Federal Land Management and Policy Act of 1976 (FLPMA), 43 U.S.C. §§ 1701. Public lands belong to the public, and should not be included in any NAC program. This proposal infringes on the public’s right to access public lands, negates public property rights and states' rights, and gives foreign governments unfettered control over how our public lands, water, minerals, and other natural resources are used. I am opposed to NACs and urge you to reject this idea. NACs would surrender federal lands and natural resources to large asset managers and foreign investors. A loud and resounding "NO" to corporate involvement and foreign investment in the stewardship and control of our federal lands. I oppose the creation of Natural Asset Companies that will be used to sell off, and sell out, America. I do not want our country's public lands, waters and even air sold to private interests obliged to preclude the productive use of such resources to the betterment of our society and the strengthening of our economy. I also reject the imposition of unconstitutional restrictions via such means on individual Americans’ property rights and other freedoms. My sentiments are further intensified by the prospect that those private interests may include hostile foreign powers like the Chinese Communist Party, Russia and Iran who may have their own reasons for wanting to lock down our hydrocarbon-based fuels, our minerals, forests, etc. I urge the Commission to reject proposed Rule SR-NYSE-2023-09 immediately.