; (ii) persons registered with the Commissions and engaged in digital asset related activities; (iii) individuals engaged in academic research relating to digital assets; and (iv) digital asset users. (B) Members not Commission employees Members appointed under subparagraph (A) shall not be deemed to be employees or agents of a Commission solely by reason of membership on the Committee. (2) Co-designated Federal officers (A) Number; appointment There shall be 2 co-designated Federal officers of the Committee, as follows: (i) The Director of LabCFTC of the Commodity Futures Trading Commission. (ii) The Director of the Strategic Hub for Innovation and Financial Technology of the Securities and Exchange Commission. (B) Duties The duties required by chapter 10 of title 5, United States Code, to be carried out by a designated Federal officer with respect to the Committee shall be shared by the co-designated Federal officers of the Committee. (3) Committee leadership (A) Composition; election The Committee members shall elect, from among the Committee members— (i) a chair; (ii) a vice chair; (iii) a secretary; and (iv) an assistant secretary. (B) Term of office Each member elected under subparagraph (A) in a 2-year period referred to in section 1013(b)(2) of title 5, United States Code, shall serve in the capacity for which the member was so elected, until the end of the 2-year period. (d) No compensation for Committee members (1) Non-Federal members All Committee members appointed under subsection (c)(1) shall— (A) serve without compensation