Subject: File No. S7-14-08
From: Jaclyn L Ramaley
Affiliation: Registered Representative licensed with the SEC

July 9, 2008

By fixed indexed annuities does the SEC mean Equity Indexed Annuities and fixed indexed annuities as any new proposed rule should include both and make it required that only Series 7 licensed representatives can sell these products. Such a rule is long overdue and will be welcomed.