Subject: File No. S7-14-08
From: Richard Aumiller
Affiliation:

Richard Aumiller
6223 OLD U.S. HWY. 322
MILROY, PA 17063

September 4, 2008

Florence Harmon
Acting Secretary
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-0609

Florence Harmon:

Dear,ms.Harmon

As an insurance professional I feel that rule 151a is extremely wrong the sale of an indexed annunity should not come under the sec. guidelines because the product has no risk of loss of any principle to the client as does sec. products if we are concerned with the sutibility of a sale we should regulate this thur the present system of the state ins. dept's I believe that finra's concern is due to the fact that many baby boomer's are concerned about risk on their hard earned money and as such are moving their money to area's where their dollar's will be there for retirement.

that being said I cannot urge strongly enough that you stop 151 in it's TRACK'S

Sincerely,

Richard Aumiller