Subject: File No. S7-08-18
From: Sheri J Mushel
Affiliation: Compliance Consultant

April 19, 2018

Requiring a summary form for investment advisers seems redundant. They are already required to provide all this information in the Form ADV Part 2A which was recently revised to be more client friendly. It seems this would simply be a duplicate of information the client is already required to receive with some sections omitted. How is this beneficial to anyone?

I agree it is a great idea for a broker to provide this information as no such requirement currently exists.