Subject: File No. S7-14-08
From: Christopher H Zockoll
Affiliation: CEO

September 9, 2008

Annuities are a product of the insurance industry and should remain as an insurance product. These products do not need to be regulated by the SEC in which the insurance industry would have little imput.

The last thing annuities need is to be overseen by an agency who would complicate and change these great products for investors. I am not in favor of more fees, licenses, and oversight that are not necessary.

At present annuities are straight forward and easy for most people to purchase and understand. I want to keep them that way. Let the insurance industry govern themselves.