Hageman Statement on Extension of Comment Period for Natural Asset Companies

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

In response to this extension, Rep. Harriet Hageman 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. 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. A link to the SEC’s order can be found here - I encourage all of you to weigh in on this potentially devastating effort to securitize our national heritage lands and private property rights!

“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.”