Subject: File No. S7-14-08
From: Jacek M Zakrzewski
Affiliation: Guardian Estate Planning, National Notary Association

September 6, 2008

Dear Sirs,

I am against making Fixed/Index Annuities an SEC product.

These are not risk accounts, as can be seen by anyone who evaluates them.

The obvious fact is that the only reason this argument is being made by the SEC is to provide another income source to securities brokers who are loosing sales volume due to seniors leaving risk markets and choosing the safety of Fixed/Index Annuities.

I would prefer to see the SEC spend more time overseeing their own brokers to make sure they are in compliance with present sales practices, rather than trying to corner a larger market for them. From my perspective, there are many brokers who could use the additional oversight.