Subject: File No. S7-14-08
From: tim todd

September 8, 2008

this is simply another attempt by the nasd to recoup some lost earnings from products under their domain there is no way you can justify absorbing a fixed annuity product into a security how can you justify this as an attempt to safegaurd the public when your own industry has, for the last decade, such a WONDERFUL record so now the public can be protected like all the stockholders of enron, adelphia, et al???
face facts. this is to butt in and control simply for commissions. there is no way you can look yourself in the mirror and say otherwise.