Voltage-sensing phosphatases (VSPs) consist of a voltage-sensor domain and a cytoplasmic region with remarkable sequence similarity to phosphatase and tensin homolog deleted on chromosome 10 (PTEN), a tumor suppressor phosphatase. VSPs dephosphorylate the 5′ position of the inositol ring of both phosphatidylinositol 3,4,5-trisphosphate [PI(3,4,5)P 3 ] and phosphatidylinositol 4,5-bisphosphate [PI (4,5)P 2 ] upon voltage depolarization. However, it is unclear whether VSPs also have 3′ phosphatase activity. To gain insights into this question, we performed in vitro assays of phosphatase activities of Ciona intestinalis VSP (Ci-VSP) and transmembrane phosphatase with tensin homology (TPTE) and PTEN homologous inositol lipid phosphatase (TPIP; one human ortholog of VSP) with radiolabeled PI(3,4,5)P 3 . TLC assay showed that the 3′ phosphate of PI(3,4,5)P 3 was not dephosphorylated, whereas that of phosphatidylinositol 3,4-bisphosphate [PI(3,4)P 2 ] was removed by VSPs. Monitoring of PI(3,4)P 2 levels with the pleckstrin homology (PH) domain from tandem PH domaincontaining protein (TAPP1) fused with GFP (PH TAPP1 -GFP) by confocal microscopy in amphibian oocytes showed an increase of fluorescence intensity during depolarization to 0 mV, consistent with 5′ phosphatase activity of VSP toward PI(3,4,5)P 3 . However, depolarization to 60 mV showed a transient increase of GFP fluorescence followed by a decrease, indicating that, after PI(3,4,5)P 3 is dephosphorylated at the 5′ position, PI(3,4)P 2 is then dephosphorylated at the 3′ position. These results suggest that substrate specificity of the VSP changes with membrane potential.phosphoinositide | ascidian P hosphoinositides serve as not only components of biological membranes, but also as coordinators of diverse cellular events including proliferation, cell migration, vesicle turnover, and ion transport. Numerous phosphatases and kinases that regulate phosphoinositide availability have been identified (1, 2), and defects or enhancements of these enzymes lead to tumorigenesis, metabolic disorders, and degeneration. Phosphatase and tensin homolog deleted on chromosome 10 (PTEN) is a wellcharacterized phosphatase that dephosphorylates phosphatidylinositol 3,4,5-trisphosphate [PI(3,4,5)P 3 ] (3). Defect or loss of PTEN leads to generation or progression of tumors (4, 5), and enhancement of PTEN underlies diabetes (6). We have shown that a sea squirt ortholog of one PTEN-related phosphatase, transmembrane phosphatase with tensin homology (TPTE)/ TPTE and PTEN homologous inositol lipid phosphatase (TPIP), designated as Ciona intestinalis VSP (Ci-VSP), dephosphorylates phosphoinositides that depend on membrane potential (7, 8). Ci-VSP has a voltage-sensor domain (VSD) consisting of four transmembrane segments and a PTEN-like region. Despite its sequence similarity to PTEN in its active center, Ci-VSP exhibits 5′ phosphatase activity toward PI(3,4,5)P 3 and phosphatidylinositol 4,5-bisphosphate [PI(4,5)P 2 ], unlike PTEN. Such distinct substrate specificity from PTEN partly d...