Subject: File No. S7-14-08
From: Arden K Peterson, Jr

June 30, 2008

As a professional financial advisor with a series 7 license I believe that it long overdue to make equity index annuities securities. I would suggest that they can be complex enough that a series 6 is not adequate training to evaluate a situation as to if an equity index annuity is appropriate. I fully support the SEC's actions and would urge The Commission to move as quickly as possible on this matter.