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Home » Curtis Schube: ‘Natural Asset Company’ scheme by Securities Exchange Commission invites fraud – Must Read Alaska

Curtis Schube: ‘Natural Asset Company’ scheme by Securities Exchange Commission invites fraud – Must Read Alaska

Curtis Schube: ‘Natural Asset Company’ scheme by Securities Exchange Commission invites fraud – Must Read Alaska

By CURTIS SCHUBE | REAL CLEAR MARKETSJust before Christmas, the Securities and Exchange Commission announced that it would reopen public comments for a proposed rule that would completely transform the economy. The SEC proposed a rule to allow the creation of a new type of company to be listed on the New York Stock Exchange called “Natural Asset Companies (NAC).” This decision to reopen comments came after heavy criticism of the SEC for its unusually quick comment period for a rule that could significantly impact the economy.If finalized, this proposal would open the doors to the biggest transfer of federal land in the history of… 

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