Subject: Comments on Rule 151A

August 28, 2008

I fully support Rule 151A. As a FINRA registered investment consultant I frequently run across insurance agents that are not properly licensed passing themselves off as financial advisors. With their limited knowledge and limited product they often times square peg their clients into annuities that may not fit the client’s needs as well as other investments would. The insurance agents selling these annuities have every right to become registered with FINRA and answer to the same high level of compliant oversight that the FINRA registered investment consultants do. This rule can only be positive for the average investor.

Sincerely,

Mario Ruiz