Jan. 15, 2024
To all involved at the SEC: 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. NAC's are a new type of company that will employ a new type of accounting system. (Source: https://investinginregenerativeagriculture.com/2022/11/29/douglas-eger/…). This should not be allowed without full scrutiny. NACs will use other people's money to further an agenda not to grow wealth for their investors. 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/…). Allowing this to move forward, could in essence, hand over our natural resources to institutions or foreign investors. Please do not allow this politically motivated process to move forward by allowing NAC to access our capital markets in the NYSE. Thank you for your consideration, Cara Endriss