Subject: File No. S7-14-08
From: Scott R Sweet, esquire

July 10, 2008

I think requiring registration for all equity indexed annuities including fixed ones is a needed idea. As a previously practicing attorney and current Certified Financial Planner, Chartered Life Underwriter and Chartered Financial Consultant, I have seen from both the client and producer side how these products work and more importantly how they are marketed. In fact, I spent two days with one company learning about their product and presentation methods. Let's just summarize to say, registration which would then require compliance with regulation is definitely needed in this industry.

Thank you for your consideration.