S. 3840, referred to as the "Protect America’s Lands Act," aims to amend the Securities Exchange Act of 1934. The bill seeks to prohibit national securities exchanges from conducting transactions involving securities issued by natural asset companies. These companies manage...
Simple Explanation
S. 3840 is a bill that wants to change a law so that big stock markets can't trade parts of companies that look after nature, like taking care of forests or keeping animals safe. This is to make sure nature isn't harmed when trying to make it more valuable.