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MAJOR VICTORY — NYSE Withdraws NACs!!

by | Jan 17, 2024 | NACs | 0 comments

Today, the Securities and Exchange Commission withdrew the proposed rule to approve the creation of “Natural Asset Companies” on Wall Street.

This is a MAJOR VICTORY!!  We were the first to identify this threat and alert key policy makers at the local, state and federal level.  Together we developed a full court press that culminated in today’s victory!

Thanks to all of you who stepped up and helped us take on the SEC, NYSE and the Biden Administration.  The scam to sell off America’s land is dead for now.

You can read SEC withdrawl notice here.

When we first discovered this in September of 2021, very few people were even aware of this incredible attempt to fleece American’s property rights. This victory would not have been possible without the bold and early action from Rep. Harriet Hageman (R-WY), UT Treasurer Marlo Oaks, Senator Pete Ricketts (R-NE) and Chairman Bruce Westerman (R-AK).  It also took the dedicated action from our Members who made calls, filed comments and educated their communities. We know they will try to find another way to accomplish this, but now we have an educated force for liberty they cannot ignore.”

Margaret Byfield, Executive Director

On October 4, 2023, the Securities Exchange Commission issued a proposed rule to approve listing “Natural Asset Companies (NACs)” on the New York Stock Exchange. They did this quietly. Not one press release was issued by any of the players.

This rule would have allowed investors such as Blackrock, Bill Gates, and possibly even China to hold the ecosystem rights to the land, water, air, and natural processes of the properties enrolled in NACs — including our National Parks!

NACs are the way elite investors planned to profit from the protected lands created by Biden’s 30×30 agenda – the permanent protection of at least 30 percent of our land and oceans by 2030. While they have been driving middle class Americans off their land, they have also been positioning themselves for total political and financial control of our natural resources.

Today’s action stops the private attempt to profit off of our protected lands.  However, the White House is still proceeding with a strategy to monetize “natural processes,” and “ecosystem services” and add this to the federal balance sheet through “Natural Capital Accounts.”

Stay tuned … this is the next battle front.