September 8, 2008
Dear SEC,I do not agree with the stand that Fixed index annuities should be under the control of the SEC.The clients take no risk,but yet have an opportunity to receive a potentially higher return then a savings account or CD.Since I work with a large amount of seniors and most want safety with potential rather than risk and sleepness nights and fixed index annuities may be a solution for their concerns.Since a fixed index annuity poses no risk for the insured it should remain an insurance controlled product.