Posted on 01/18/2024 6:46:56 AM PST by Twotone
In a surprising development today, the New York Stock Exchange (NYSE) has withdrawn its proposed rule change previously submitted to the Securities and Exchange Commission (SEC) to allow “Natural Asset Companies” to be traded in the U.S. market.
Idaho Dispatch explained in this article that Natural Asset Companies (NACs) were defined by the NYSE to be,
“Corporations that hold the rights to the ecological performance of a defined area and have the authority to manage the areas for conservation, restoration, or sustainable management.”
Also mentioned in the previous Dispatch article was the strong opposition to NACs by Marlo Oaks, the Treasurer for the state of Utah. His background is explained in his bio:
“Marlo Oaks was appointed Utah’s 26th State Treasurer in June 2021. As the state’s chief investment and chief banking officer Marlo is responsible for debt, cash, and investments, including the $30 billion Public Treasurer’s Investment Fund. He also administers Utah’s Unclaimed Property Division. Marlo spent 17 years overseeing multi-billion-dollar investment portfolios. He is one of only two state treasurers with institutional investment experience. Marlo completed a bachelor’s degree in economics from BYU, an MBA from UCLA Anderson, and holds the CFA and CAIA designations.”
A notification published today by Sherry Haywood, the Assistant Secretary of the SEC, reports:
“On September 27, 2023, New York Stock Exchange LLC…filed with the Securities and Exchange Commission…a proposed rule change to amend the NYSE Listed Company Manual to adopt a new listing standard for the listing of Natural Asset Companies (“NAC”).
On January 17, 2024, the Exchange withdrew the proposed rule change…”
David with the Idaho Dispatch had the exclusive opportunity to speak to Marlo Oaks today, upon learning of the withdrawal of the proposed rule. Oaks explains why this an important step, but why in his opinion this continues to be an ongoing concern. Advertisement
Oaks is currently in Idaho and is speaking tonight, Wednesday, January 17, in Idaho Falls at the Stand Up for Idaho meeting at the Snake River Event Center (Shilo Inn), 780 Lindsay Blvd., Idaho Falls. Event begins at 6:30pm (Doors open at 5:30pm).
-Foreign actors attempting to lock up American natural resources (CCP and WEF sponsored)
-Domestic actors either eco freaks wedded to an agenda 2030 goal of preventing access to 'those people', or seeking personal gain (example: Hillary Clinton and Uranium One). In the latter, with assistance from federal agencies.
They already crapped out at the Chicago Mercantile Exchange a number of years ago.
The crooks and ideologues try to do this top down. It doesn't work that way. A lot of good could be done to mitigate fire hazards and consequent damage to soils and get people back on the land to control exotic plant invasions.
This is a type of work that cannot be performed by AI and robotics. It could boot up an industry in supplying equipment to make that lifestyle more habitable and less arduous.
Control = $$$
Quit importing the crap. Kudzu has ruined farm land and roads.
Yup.
Carbon Credits another Scam
This is international bankers, industrialists, neo-communists etc. trying to make themselves wealthy by making margins on the very air we breath.
They also want control of our food/farms and water supply... while they jet around with high end whores.
These are truly evil MFers, enemies, who seriouslyneed to be dealt with... very,.very harshly.
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