Subject: File No. S7-14-08
From: C. L. Meigs
Affiliation: CLU, ChFC

July 11, 2008

I have been in the practice for several years and have helped hundreds of people with their retirement planning. I believe that the indexed annuities should be regulated under securities law, as most consumers believe and are told that they are fully participating in the marketplace, but many are not given full disclosure of the material facts, such as caps and surrender charges. I have absolutely no reluctance to being under scrutiny for the products I place my clients in, and believe that these types of products do not come under nearly the same scrutiny. The consumer should be protected. Thanks. C. L. Meigs, CLU, ChFC.