I have spent 23 years in the financial industry, with the last 18 years at the U.S. Securities and Exchange Commission, Division of Examinations conducting hundreds of examinations of broker-dealers, transfer agents, and investment advisers. I joined the Division of Examinations Office of Risk and Strategy in early 2018 to study digital assets/crypto and its impact on broker-dealers, transfer agents, and investment advisers. TP4 Digital Assets (“TP4” or the “Firm”) will be forming a new capital market structure for the trading, settlement, and custody of digital asset securities.