; administration. Sec. 413. Discretionary Surplus Fund. Sec. 414. Studies on foreign adversary participation. Title V—Registration for Digital Asset Intermediaries at the Commodity Futures Trading Commission Sec. 501. Commission jurisdiction over digital commodity transactions. Sec. 502. Requiring futures commission merchants to use qualified digital commodity custodians. Sec. 503. Trading certification and approval for digital commodities. Sec. 504. Registration of digital commodity exchanges. Sec. 505. Qualified digital commodity custodians. Sec. 506. Registration and regulation of digital commodity brokers and dealers. Sec. 507. Registration of associated persons. Sec. 508. Registration of commodity pool operators and commodity trading advisors. Sec. 509. Exclusion for decentralized finance activities. Sec. 510. Funding for implementation and enforcement. Sec. 511. Effective date. Sec. 512. Sense of the Congress. Title VI—Innovation and Technology Improvements Sec. 601. Findings; sense of Congress. Sec. 602. Codification of the SEC Strategic Hub for Innovation and Financial Technology. Sec. 603. Codification of LabCFTC. Sec. 604. CFTC-SEC Joint Advisory Committee on Digital Assets. Sec. 605. Study on decentralized finance. Sec. 606. Study on non-fungible digital assets. Sec. 607. Study on expanding financial literacy amongst digital asset holders. Sec. 608. Study on financial market infrastructure improvements. I Definitions; Rulemaking; Notice of Intent to Register 101. Definitions under the Securities Act of 1933 Section 2(a) of the Securities Act of 1933 ( 15 U.S.C. 77b(a) ) is amended by adding at the end the following: (20) Affiliated person (A) In general The term affiliated person means a person (including a related person) that— (i) with respect to a digital asset issuer— (I) directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, such digital asset issuer