Subject: File No. S7-14-08
From: Edmund F Leonard, LUTCF
Affiliation: Father of Seven children and 21 grandchildren

September 4, 2008

Re: 151A

During my 50+ active years in the life insurance business I have had the pleasure of visiting thousands of prospective clients. Hard work and many evening appointments advising and presenting reasons why we should all be adequately insured and finding safe ways to save money. Many of those clients are now friends and those that purchased "fixed annuities" are especially pleased with that part of their portfolio.

Your continuing rules, laws and compliance demands are just getting out of hand.

There is more than enough legislation and State regulation already in place and nothing will be served by adding additional rules for consumer protection.