Subject: File No. S7-14-08
From: Daniel J Goodmann, CSSC
Affiliation: Sr. Vice President - Structured Settlement

July 10, 2008

I believe this would be a beaucratic nightmare and incredibly burdensom to the insurance agent community and their staffs. The general public would not benefit from this proposed regulation. In fact, I believe the potential for unethical SEC licensed brokers to take advantage of the public is far greater than any protection that would be achieved through "fixed product" regulation.

The Insurance Commissioners for the 50 states do a pretty fine job regulating matters now. Asking their opinion might be a good idea before dictating policy.

Thank you for your time.