Subject: File No. S7-14-08
From: Donald Friske

September 4, 2008

I find the attempt to include fixed indexed annuities under the purview of the SEC to be a blatant attempt to increase authority into an area of financial products reserved for regulation by individual states. The reasons provided for the proposed rule suggest an attitude that the states are not capable enough to regulate the way the SEC would like, so the SEC should regulate these products.

I view this proposed ruling as a restraint of trade against insurance agents and harmful to consumers.

I request the SEC to not incorporate rule 151A into permanent standing.