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With a generous grant from the Columbia-IBM Center for Blockchain and Data Transparency, the Columbia Law School/Business School Program in the Law and Economics of Capital Markets (the “Program”) is conducting a survey of domestic and international securities markets regulators, entrepreneurs, private industry leaders, legal practitioners, academics, and other stakeholders in the securities markets (the “Survey”). The Survey is designed to provide a deeper understanding of what these stakeholders consider to be the most important issues raised by distributed ledger technology (“DLT”) for the securities markets and their regulation. DLT is an integral part of the larger revolution in computing, communication, and data storage that has transformed securities markets over the last few decades and promises further radical change in the years to come.