Subject: File No. S7-14-08
From: Dean A Faracchio
Affiliation: FINRA 24 and Insurance Agent

September 8, 2008

I absolutly believe that the SEC should regulate EIA and EI Life policies. Over the last few years I have come across several clients (usually elderly) who have been fleeced at the hands of insurance agents. Simply put, these producers are misleading clients with impunity. The pratice is both bad for clients and bad for the industry.