Subject: File No. S7-14-08
From: Ron Brenaman
Affiliation: 25 year financial professional, Series 7 licensed

September 10, 2008

I am in favor of the proposed legislation. The training and continuing education requirements for a series 7 licensee are far more stringent, and require significantly greater understanding of the equity markets than the various state education requirements for insurance licensing. It is my belief, after 25 years of experience in Variable Annuities, and 12 years in Equity Index Annuities, that the investing public deserves the highest degree of professionalism and ethical training that is required under SEC oversight.