Subject: File No. S7-14-08
From: Craig L Barnwell
Affiliation: LUTC

September 4, 2008

The SEC is seeking to require that all fixed index annuties become registered products sold only through a broker-dealer and not by insurance agents. This would be a huge mistake The rule adds no consumer protection not already provided by stste insurance regulations and would in fact undermine many state initiatives concerning sales practices. Please do not let this happen