Compliance Disclaimer

Hill Scott Corporation HSC the “Office” provides non-solicited treasury banking, investment underwriting, escrow and electronic fund transfer services exclusively for affiliated members, trusts, and internal investment entities. The Office is not a state or federal reserve bank as defined under US law, and do not engage in general FDIC banking services, and is not open to the consumer market.

The Office activities are conducted solely for fiduciary, custodial settlement purposes among affiliates. All public-facing content, including websites, presentations, and publications, is intended solely for general awareness and informational of treasury storage clearing, investment bank settlement purposes. It does not imply, constitute, advertising, solicitation, or a public offering of consumer banking services.

The Office support local communities through partnerships and by sharing insights on sustainable and responsible investment practices, without offering products or services as non-consumer business partners.

The Office operates under corporate trusteeship for custody and escrow, formally solicited and legally recognized as an international community trust fund under management of it’s us registered officer:

Hillery M. Scott CFO c/o Hill Scott Corporation HSC
333 Texas Street # 1307
Shreveport, LA. 71101
hillscott.com
mail@hillscott.com

The Office databank is a repository of information about one or more assets and liabilities single source of truth data that serves as the its master data and is accessible to authorized individuals who needs it. Data may be either centralized or decentralized, though most usage of this term and retrieval of external members information. It can be anything from ownership information and governmental information like census statistics, to financial-system records like debit and credit transactions, or the inventory available from various suppliers.

The Treasury utilize a private blockchains permissioned networks designed for specific organizations or consortiums, offering enhanced security, privacy, and control. Unlike public blockchains, the databank restrict access to authorized participants, making it ideal for secure use cases.

The Office utilize centralized and decentralized consensus methods as a fundamental to blockchain systems, ensuring that all nodes in a decentralized network agree on the current state of the distributed ledger. These methods establish trust among participants through internal and external email that establishes central and de-central authority used consensus time stamp and transparent algorithms with the following mechanisms:

Proof of Work (PoW): This method involves validating transactions and create new entity IDs blocks.

Proof of Stake (PoS): Validated based on the number of coins accountholder lock as economic stake determined as certification.

Delegated Proof of Stake (DPoS): Users delegate their voting power to representatives who validate share on their behalf. Rewards are distributed among the representatives and their voters, promoting a democratic approach.

The Office provides a gateway for Treasury Deposit Account TDA with banking partners to added community investment trade and financial services value as custody, credit, currency exchange, underwriting and investment.

Type of Accounts

1. Stock Account – First Stage Investment capital and bond surety and guarantee
2. Margin Account – Second Round community investments and dividends
3. Bond Account – Contracting development bid, performance payment procurements

Notice: All three accounts are integrated with general banking service with banking partners:

• Savings accounts,
• checking accounts
• money market instruments
• or retail deposit-taking;
• Public lending,
• FDIC intermediation,
• or solicitation of third-party market capital.

The Office membership is defined as beneficiary, guarantor, and developer as general contractors accountholders as private partners, investors, corporate trustees, businesses organization private sector institutions, non-profit organizations, cooperatives, charitable foundations, private banks, and trust funds that form a private public partnership with our organization.

Purpose

The Office purpose is to enhance free enterprise and the quality of business practices through the delivery of services to account holders apart from being subject to federal or state intrusion. This allows account holders to manage their assets and securities as a wealth building vehicle autonomously with in law.

Identify relationships.

• KYC and OFAC Checks
• Assess the potential risks posed by relationships.
• Conduct adequate and ongoing due diligence on relationships when necessary

The Office utilize Treasury Technology as “Treasury Bank” as reference to “Treasury to Bank T2B” service. It focuses on integration of client’s internal treasury investment funds with their external FDIC bank accounts with licensed bank.

The Office utilizes treasury banking technology is a Informal Value Transfer System IVTS and securities depository financial institution. It offers direct custodial and liquidation on behalf of its stakeholders and associates as cloud-based storage and electronic and bank communication. The Treasury ensures it service through member surety, guarantee of agreement, and assurance of net settlement.

The Office are under administrative Terms of Use and Ordinance as proprietary public authority pursuant to our Private Policy Service may not be available to certain entities and principles in certain jurisdictions or sanctioned countries pending OFAC check and determination. but does don’t have the same regulatory oversight as traditional custodial services.

The Office is a private proprietary wholesale electronic money transmitter and internal closed looped funds transfer institution within compliance but not limited to FinCen BSA AML Monetary policy and prepaid accounts under 31 CFR § 1010.100 and Part 1022. All money transactions are commercial restricted non-consumer and CFPB exempted under CFPB 1026.3 , CFR 31 CFR 1010.315. Also state exempted under § 1026.29, outside the scope of § 1026.1 as authority, purpose, coverage, organization, enforcement, and liability. It is authorized by law to act as an Account Information Service Provider (AISP) and as a Payment Initiating Service Provider (PISP) that is Regulation E exempted.

The Office operation is federal and state exempted. However, it is obligated it members to:

• AML Due Dilliegence
• FinCen Reporting
• SEC private issue notice and
• State Register

Monetary Use  

The Office acknowledge US monetary policy as M3 = M2, M1 + marketable securities, liquid + other less liquid digital currency as following:

• Commodity – Treasury Coinage that its value is defined by it digital intrinsic value of digital asset leveraged.

• Fiat – Government legal tender that held and managed by treasurer with an external central bank depository.

• Commercial – Digital money such as debit and credit that can be used to purchase goods or services. It represents the portion of a digital asset currency that is made of debt generated from member bank deposits.

• Fiduciary – for commercial use that is administratively  accepted as a medium of exchange by election to be exchanged it back for a commodity or fiat currency if requested.

Note: The Office are confident that our obligations will not be open market brokered and the currency avoid usury and won’t lose its value due to high inflation, and all asset and liability currency exchange are utilized with 1:1 ratio in respect stablecoins and regular fiat or commodities. money

The Office offer investment finance services for members use and do not hold the title of an Institutional bank depository or trust company as defined within all domestic and international jurisdictions. It offers members opportunity to performs independent investment finance and clearing services as a private proprietary funding source.

The Office agents offer private funds management and alternative investment banking services as affiliates and non-affiliates investors and trading partnership up to $150 million globally under section 3(c)(1) or 3(c)(7) US investment transactions are regulated in compliance with but not limited to the Dodd-Frank Act, the Company Act, and the Volcker Rules. The Treasury automatically file an annual report, on a non-public basis for regulatory transparency of proprietary funds that are in custody. Disclosing general information such as the types, size, leverage, liquidity, and types of investors.

The Office transfer grant allocations via electronic fund transfers that are offered as private public partnerships investment funds in their respective jurisdictions, and all securities titles are the property of their respective community investment ownership. No other government affiliation or endorsement is intended or implied.

The Office do not hold government funding or fiat deposits internally; all fiat is deposited managed with depository banks with registered agents. The Office act as a civil governing authority and private investment foundation for issuing program related investment, that only holds beneficiaries’ obligations for procurement purposes for community Investment as private funds.  

Governing Body

The Office governing body is an administrative public authority as a corporate treasury that represent the interest of the interstate, national and international business investment. The organization consists contractors and merchants as trading partners having special knowledge or expertise in the particular field or discipline in or appointed officials, clergymen, educators, civic leaders, general contractors or other such persons representing a broad cross-section of the views and interests of family and community under the Treasury Administrative Ordinance

Municipal Bonding

The Office operate legally with all state bonding commissions and agencies, under Independent Registered Municipal Advisor exemption to the Securities and Exchange Commission’s Municipal Advisor Rule under 17 CFR § 240.15Ba1-1(3). the Fund participate in municipal financing as civil service to public officers that are exempt from the definition of municipal advisor.

The Office jurisdiction areas are international closed-held ecosystem to the area of service that is self-directed, independent and state exemptions under our administrative ordinance. It has internal governing authority for proprietary trading in compliance with federal and state law of operations.

The Office areas of operations are from a global wealth perspective that community trust is established and administered, not just as its purpose or compliance status but also as its definition of trust law in the following context:

• It is created under the statutes of it policies in respect to governmental law and statues.
• Its trustees and administration operate primarily outside the grantor’s home country for tax planning, estate planning, or global diversification, the laws and policies written into its trust agreement and bylaws are “foreign law.”

The Office authority is commissioned from electoral bodies, with authority to operate nondisclosure unincorporated private funding and business activity with special districts, under proprietary rights choice of law and jurisdiction under the 10th Amendment. Our affiliates cooperate directly and indirectly as a nonprofit unit under IRS Section 1.170A-9(f)(3)(v) with or other agency as proprietary government agents and selected administrators.

The Office Chief Treasurer statute acts as CFO and independent private banker and manager for interstate securities clearing under federal and state law.  He or she are under obligation to fulfills all agreements, terms, and conditions of private equity and bond service to private clients as state or local government or unit thereof, he or she acts as a private business proprietor and fiduciary to be upheld with partnership as foreign, private or public trust.

The Office securities are not registered under section 8 of the Investment Company Act of 1940 and has not elected to be treated as a business development company pursuant to section 54 of that Act (15 U.S.C. 80a-53). All stored items are restricted securities under SEC exempted offerings pursuant to Rule 147, 147A Reg D, Rule 701 and Trust Indentured Act. All issuers and must meet certain requirements broadly summarize to meet the Office requirements for each rule. The Office offer non-IPO refer to “in-state” as the state or territory in which the issuer is resident and doing business at the time of the sale of the security.

The Office provide service agreement with the international and domestic banks outlining each party’s responsibilities.

The service agreement may include the following:

• Transparency of products and services provided.
• Responsibility for recordkeeping (e.g., CTRs filed).
• Responsibility for task performed (e.g., OFAC filtering).
• Review of oversight documentation (e.g., audit and consultants reports).
• Regulatory requirements, BSA/AML
• Federal and state securities registration SEC/FTC

Note: Direct currency shipments are open online for bank business relationship managers to appropriately monitored for unusual and suspicious activity customer due diligence, MIS, account monitoring, and reporting suspicious activities.

The Office custody digital asset funds internal or external within trust in respect to 206(4)-2 attributable as qualifying private funds, without or with verified custodians of record that are maintained as private clients’ funds and securities:

• In a separate account for each client under that client’s name; or
• In accounts that contain only trust funds and securities, for beneficiaries under trustee control in respect to securities that are:
• Interstate registered office under federal state law.
• Acquired from the client as issuer in a transaction or chain of transactions not involving any public offering;
• Uncertificated, and ownership thereof is recorded only on the books of the issuer or its transfer agent in the name of the client; and
• Transferable only with the prior consent of the issuer or holders of the outstanding securities of the issuer.

The Office defines ‘Digital Assets’ as book entry equity, debt, titles, patents, copyrights, titles, and cryptocurrencies also known as “digital currencies” or “virtual currencies” Also all digital data designed to work as a medium of exchange and are created and stored electronically as following:

• Preservation of books and records: The Office make and keep all records in compliance with but not limited by FINRA and the Exchange Act rules.
• Electronic recordkeeping: Records are preserved in a format that complies with SEC Rule 17a-4, which includes using a write once, read many (WORM) format and an automated system to verify accounts, preserve records, and serialize time-date information.
• Tamper-proof storage: Records are stored in a secure, tamper-proof format that is protected from data loss and alteration.
• Retention periods: Electronic records are kept for at least six years and least six years after the account is closed.
• Accessibility: Records are readily available for inspection by regulators upon request and should be organized for easy retrieval.
• Duplicate copies: The Office keep a separate duplicate copy of it records in a different location as off ledger and off chain to safeguard against data corruption or loss

The Office clearing is performed by a third-party proprietary compliance clearing, fund transactions, and settlement from its US registered office and clearing agent Hill Scott Corporation HSC within the State of Louisiana as” Securities Swap Dealing as De Minimis to the wholesale market being state regulated and exempted for net settlement under RS 10:8-111.

Transfers

The Office transfer securities and fund by utilizing Wholesale Payment Systems, P2P, and H2H this refers to using on to off ramp routing for international and domestic financial transactions beyond traditional bank transfers, such as ACH Wires or Swift. It aims to optimize payment success rates, reduce costs, and improve its members experience by dynamically selecting the most efficient payment path.

Our money transfers are no more than 500 items within 6 consecutive months. Under 240.17Ad–4(b) 

The Office is in compliance with but not limited to SEC /FFIEC as transaction of an Exempted Person under 31 CFR § 1020.315 and BSA/AML KYC/ regulatory requirements as the “Travel Rules” within the USA PATRIOT Act 31 CFR 103.33(g) OFAC and Federal Trade Commission (FTC.

The Office have elected to be non-profit Self Regulatory Organization and non-federal reserve member and does not hold and classified to hold a formal banking license with any federal territory or state and does not hold central banks fiat deposits. It holds digital asset and liability investments as custody and escrow on behalf of our members and associates, utilizing electronic funds transfers and bank communication. All collection of nations currencies is held within commercial bank accounts in benefit of the Fund participants that is non-FDIC insured but having private or FDIC options pending account held.

The Office securities, exchanges, and tax exemptions are in compliance with but not limited to SEC / PCI DSS /FFIEC/ FinCen/BSA /OFAC /FTC / IRS / FSB / CFR/ USC/MSRB and State law.

The Portal is not:

• a federal reserve depository participant
• Insured by the Federal Deposit Insurance Corporation.
• guaranteed by an institutional bank.
• without hold some investment risks to investors, including possible loss of the principal amount invested.
• holding official standard depository banking product checking, saving, CD etc.
• operate without having private insurance options.
• without government regulatory compliance

The Office has comparison to but is not affiliated with the US Treasury’s Community Development Fund Institution CDFI and others. However it act as Cooperative that refers to the difference between a strong local Cyber Cooperative Culture and a sense of community investment in digital technology small local infrastructure development. It provides methods that provides direction and alignment with local organizational goals internationally with community fostered global connections and engagement. The Office goal is to surge in community environmental initiatives aimed at supporting local businesses charity with efforts for international growth. 

Written by – Chief Fiduciary Officer, Hillery M Scott, CFO