| Dear Mr. Gensler: Unlike many of my colleagues in the digital assets industry, I sympathize with you. I feel that yours is one of the most difficult jobs in government, since one prong of your mission at the SEC is to “protect investors.” The irony, of course, is that investors must be protected from themselves. I see the SEC pursuing investor protection in two primary ways:* reactively (though lawsuits and litigation), and proactively (though education and advancement). While the SEC’s numerous lawsuits have made the headlines under your leadership (reactive), I suggest your agency invest even more into education (proactive). Under your leadership, the SEC should focus less on litigating and more on educating. Here I want to compliment you on a few educational initiatives I’ve seen under your administration, and suggest how you could double down. | 