Yesterday, House Committee on Natural Resources Chairman Bruce Westerman (R-Ark.) and Subcommittee on Oversight and Investigations Chairman Paul Gosar (R-Ariz.) led a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and Director Haoxiang Zhu, seeking information on a proposed rule change to permit the listing of Natural Asset Companies (NACs) on the New York Stock Exchange (NYSE).
The House Natural Resources Committee is the first to initiate this critical investigation into the creation of NACs.