NE Wyoming News

Washington, DC – The Securities and Exchange Commission (SEC) has announced an extension of the public comment period for Natural Asset Companies (NACs) and has provided additional information on these proposed NACs.

In response to this extension, Representative Harriet Hageman expressed her concerns about the initial comment period and the need for more time for public input. She stated, "The SEC tried to quickly sneak NACs past Congress and the American public. Thirty-one members of the House of Representatives joined me in a letter demanding a longer public comment period than the ridiculous 21 days originally provided."

Rep. Hageman further added, "I am happy to report that today the SEC quietly published an order extending the deadline for comments on the proposed NAC rule. The order issued by the SEC sets forth additional information and addresses concerns regarding how NACs would operate and areas of inquiry."

The extension of the comment period allows for a more thorough evaluation of the proposed NACs and their potential impact on national heritage lands and private property rights. Rep. Hageman encouraged the public to participate in the comment period, stating, "I encourage all of you to weigh in on this potentially devastating effort to securitize our national heritage lands and private property rights!"

She also emphasized the importance of citizen engagement and opposition to policies she believes could have negative consequences. "This development just goes to show that we should never give up, and that our voices do matter. We must be willing to engage and fight back against the radical Biden administration whenever we can."

The SEC's decision to extend the comment period reflects the significance and heated debate surrounding the proposed NACs. With this additional time, stakeholders and interested parties will have the opportunity to carefully analyze the potential implications of NACs and provide thoughtful input to inform the SEC's decision-making process.

The extension of the comment period for Natural Asset Companies demonstrates the value of public engagement in shaping regulatory policies. As the discussion on NACs continues, it remains crucial for all concerned individuals to participate and contribute their perspectives to ensure a comprehensive evaluation of the proposed rule.

Link to the SEC's order: [SEC's Order](link)

For additional details, please follow this link: https://hageman.house.gov/media/press-releases/hageman-statement-extension-comment-period-natural-asset-companies