Subject: File No. S7-14-08
From: Lewis Pittman, CLU

September 5, 2008

-I am opposed to the SEC Proposed Rule 151A and find the additional burdens placed on insurance brokers, registered reps redundant. We are already under many compliance rules, company ethics, regulations and training that make for an informed profession to sell annuities and other products to the public.

If the number of complaints on sales compared to the number of sales were given on a per centage basis it would be very small. Though I am Registered, this additional burden on non registered salesmen is not going to stop unethical sales. The professional brokers do not need more government intervention.

This Rule seems to be the opinion of only you on the Commission who are not involved with service to the public trying to make retirement years better.

The Equity Index Annuity is considered a Fixed Annuity with a different interest basis is singularly attacked while Index Life is not. The Rule seems to be arbitrary.