Pega robotics studio is exiting when I open with the following exception.

1) Exception Information
*********************************************
Exception Type: OpenSpan.Diagnostics.DiagnosticException
MachineName: "BSSB300964QA"
CreatedDateTime: 7/13/2017 12:11:49 PM
AppDomainName: "DefaultDomain"
ThreadIdentityName: "BELKD1\AFUSYN1"
WindowsIdentityName: "BELKD1\AFUSYN1"
AdditionalInformation: NameValueCollection with 0 items
Message: "Failure in Diagnostic Constructor"
Data: IDictionary (System.Collections.ListDictionaryInternal) with 0 items
TargetSite: Void Initialize()
HelpLink: NULL
Source: "OpenSpan"
HResult: -2146232832

StackTrace Information
*********************************************
at OpenSpan.Diagnostics.Diagnostic.Initialize()
at OpenSpan.Studio.OpenSpanProject..cctor()

2) Exception Information
*********************************************
Exception Type: System.TypeInitializationException
TypeName: "OpenSpan.Diagnostics.DiagnosticsAppSettings"
Message: "The type initializer for 'OpenSpan.Diagnostics.DiagnosticsAppSettings' threw an exception."
Data: IDictionary (System.Collections.ListDictionaryInternal) with 0 items
TargetSite: Void Initialize()
HelpLink: NULL
Source: "OpenSpan"
HResult: -2146233036

StackTrace Information
*********************************************
at OpenSpan.Diagnostics.Diagnostic.Initialize()

3) Exception Information
*********************************************
Exception Type: System.InvalidOperationException
Message: "Method failed with unexpected error code 50."
Data: IDictionary (System.Collections.ListDictionaryInternal) with 0 items
TargetSite: System.Security.AccessControl.CommonSecurityDescriptor CreateInternal(System.Security.AccessControl.ResourceType, Boolean, System.String, System.Runtime.InteropServices.SafeHandle, System.Security.AccessControl.AccessControlSections, Boolean, ExceptionFromErrorCode, System.Object)
HelpLink: NULL
Source: "mscorlib"
HResult: -2146233079

StackTrace Information
*********************************************
at System.Security.AccessControl.NativeObjectSecurity.CreateInternal(ResourceType resourceType, Boolean isContainer, String name, SafeHandle handle, AccessControlSections includeSections, Boolean createByName, ExceptionFromErrorCode exceptionFromErrorCode, Object exceptionContext)
at System.Security.AccessControl.FileSystemSecurity..ctor(Boolean isContainer, String name, AccessControlSections includeSections, Boolean isDirectory)
at System.Security.AccessControl.FileSecurity..ctor(String fileName, AccessControlSections includeSections)
at System.IO.FileInfo.GetAccessControl()
at OpenSpan.Utils.UserFileAccessRights..ctor(String path, WindowsIdentity principal)
at OpenSpan.Utils.FileIOHelper.CanReadFile(String filePath)
at OpenSpan.TypeManagement.Manifest.CheckManifestRead()
at OpenSpan.TypeManagement.Manifest.Load()
at OpenSpan.TypeManagement.Manifest.StateExists(String name)
at OpenSpan.Configuration.ConfigManifestHelper.GetConfigRedirect(String nodeName)
at OpenSpan.Configuration.ConfigManifestHelper.Load(String nodeName)
at OpenSpan.Diagnostics.DiagnosticsAppSettings..cctor()

***Edited by Moderator Marissa to update categories***