Dear Securities and Exchange Commission, I am writing to express my concerns regarding the proposed rule on the Safeguarding Advisory Client Assets. While I appreciate the efforts to enhance investor protections and address gaps in the custody rule, there are certain aspects of the proposal that require further examination and clarification. One area that lacks clarity is the definition of digital assets. As technology evolves, it is important to clearly define what constitutes a digital asset to avoid confusion and potential misinterpretation. The proposal does not provide sufficient guidance on this matter, leaving it open to interpretation and potentially leaving investors and advisers at risk. In addition to this, I have concerns regarding the privacy and safety of allowing several third parties to have access to my sensitive financial data and social security number. While the proposal aims to enhance investor protections, it is equally crucial to address the privacy concerns associated with sharing such personal information. I believe that a delicate balance must be struck between transparency and privacy. It is imperative for the SEC to ensure that the necessary safeguards are in place to protect investors' personal information from falling into the wrong hands. Furthermore, as we evaluate the economic analysis of the proposed rule, it is important to consider the potential impact on small entities. While the rule aims to enhance investor protections, it is crucial to assess the potential burden on small advisers and ensure that they have the necessary resources and capabilities to comply with the new requirements. In conclusion, while I appreciate the efforts of the SEC to enhance investor protections, there are certain aspects of the proposed rule that need clarification and careful consideration. The definition of digital assets and the associated privacy concerns require further examination to ensure the proper safeguarding of client assets. Thank you for considering my concerns. I urge the SEC to thoroughly evaluate these points and address them in the final rule. Sincerely, Anonymous