Subject: File No. S7-14-08
From: Anne Marie Bober,CFP(r),CLU,ChFC,RHU,REBC,CASL

September 2, 2008

I believe that FINRA should have no regulation over the indexed market place. The product is fairly simple there is no downside /loss in these products, other than the surrender charges. Insurance agents are more that qualified to sell these products. Agents have sold annuities for over 6 decades the insurance industry has demonstrated a willness to training their sales force in the nuiances of the indexed products.

I have been on both sides of the fence. I was a registered rep for 30 years license currently in the 2 year abeyance period. I have been an insurance professional for over 32 years.

In truth, if I were to find the greatest of trustworthiness, I would say the insurance professional is best suited to sell indexed products. The insurance industry has demonstrated an increasing awareness for the training of their agents to more adequately present these products. Personally, to take indexed products and put them in the hands of the registered reps will do more to disadvantage the American saver agents have historically caused sales to happen, have visited in the homes, and have more at stake than the registered rep. Neither FINRA nor the securities industry has demonstrated any complexity in the product that would justify a securities license.