Subject: File No. S7-14-08
From: Jennifer M McDonnell

September 6, 2008

I do not see that a fixed annuity should be treated as a securities product. Hopefully those who are lobbying to make it so realize they are acting in the best interest of their contractor, not the person who is interested in the fixed annuity. I have a feeling banks and other securiteies professionals are behind the lobbying that instigated this proposal.