Subject: File No. S7-08-18
From: Kevin Mahoney
Affiliation: Founder and CEO, Illumint

August 1, 2018

Regarding S7-08-18 for Form CRS/Titles comments

Form CRS uses confusing language that blurs (instead of highlighting) the distinction between who can and should legally give advice, versus who is compensated for the sale of a product. It is insufficient and counterproductive as drafted.