Subject: File No. SR-NYSE-2023-09 Asking the SEC to NOT ALLOW NACs
From: A Houtch
Affiliation:

Jan. 12, 2024

File No. SR-NYSE-2023-09 Asking the SEC to NOT ALLOW NACs 


I am urging the SEC to NOT allow the NYSE to list “Natural Asset Companies” or NACs, pursuant to File No. SR-NYSE-2023-09. 


Continued efforts to financialize productive natural resources to subvert the legal system, to pervert the capital markets, and to cause harmful outcomes for both investors and the US alike cannot be enabled. 


This is a political tool meant to subvert the legal process, read the words of IEG’s Chairman, who said, “We were looking for a private-sector approach that wasn’t dependent on policy, it wasn’t dependent on traditional taxes, regulation or philanthropy to price in these assets and give investors the opportunity to invest directly in nature, whether that’s for climate or biodiversity.” (Source: https://eenews.net/articles/invest-in-nature-might-be-possible-with-natural-asset-companies/…). 





the SEC is supposed to be a counterbalance to make sure the markets are free and fair for everyone and have the interests of all investors at heart. Do the right thing, and not that which is politically-pushed and elite power-driven. 


I urge you to NOT ALLOW NACs to access our capital markets via NYSE listings or otherwise. Thank you for standing up for the interests of all investors, 


Abigail R. Houtchens 
U.S. Citizen since 1950 
US Stock holder