Subject: File No. S7-08-18
From: Jay R

April 19, 2018

You are providing rules for who can use the term "advisor or adviser" but what about financial planner. I think the results of your ruling will be that brokers will start using the term financial planner as a work around which is just as bad. You need to at least define all the titles brokers can use and preferably have rules around who can use them.