Definition of the Term “Fiduciary” Proposed Rule July 21, 2015 Page 32 of 32 The SPARK Institute appreciates the opportunity to provide these comments to the Department. If the Department has any questions or would like more information regarding this letter, please contact me or the SPARK Institute’s outside counsel, Michael Hadley, Davis & Harman LLP (mlhadley@davis-harman.com or 202-347-2210). Sincerely, Tim Rouse Executive Director .