H. R. 7494, known as the “Protect America’s Lands Act,” seeks to amend the Securities Exchange Act of 1934. The bill proposes to make it illegal for national securities exchanges to facilitate transactions in securities issued by natural asset companies. A natural asset...
Simple Explanation
The Protect America’s Lands Act is a rule that says places where people trade stocks can't trade stocks from businesses that take care of nature, like forests or rivers, by keeping them healthy and safe. It's like a rule saying if you run a lemonade stand to help a garden, you can't sell lemonade tickets in places where everyone trades other tickets.