H. R. 1309 seeks to amend the Securities Exchange Act of 1934 to stop national securities exchanges from handling transactions involving securities from natural asset companies. A "natural asset company" is defined as a company that manages land for conservation or...
Simple Explanation
H. R. 1309 is a law that wants to stop places where people buy and sell company shares from working with companies that take care of nature, like forests or rivers, to keep them healthy. The law tries to protect these natural places but needs to explain clearly how it will stop people from breaking the rules.