Subject: File Number S7-14-08

September 26, 2008

Louisiana

Distinguished Committee Members,

I am writing in concern for Rule 151A, which would prevent LICENSED Insurance Professionals, like myself From selling Index Annuities.
Folks, we dot offer, or recommend any stocks , we only offer a product that uses the performance of the S&P 500 as a method of crediting earnings. We use historical performances to show that any 10 year Period in history , has always posted a gain. The key here, is that , the principle is "Always Guaranteed" Unlike investing in Stocks and rolling the dice. With a portion of an investors deposits credited at a Minimum guaranteed interest rate, the account value can go nowhere but up, offering a simple, SAFE Way to Save , with absolutely NO downside risk.
So many of my clients have thanked me for getting them away from stock brokers, who try to be Prophets.
Now these brokerage firms are trying to STOP this trend of investors moving to safer investments Offered by Insurance Companies.
Restricting Our ability to help our clients would put many of us out of business, and give the greenlight To stockbrokers to gamble with peoples Savings.
Index Annuities are a simple , safe way to SAVE..Let's not complicate things .
Show me a Fixed Index Annuity that has lost money, and I will change my opinion.

Thank You for Your Consideration in Protecting our Industry.

Dick Menard
Breathe E Z Insurance
Health Insurance, Life Insurance, Medicare Supplements, and LTC Insurance
Representing, Blue Cross, Mutual of Omaha, United Healthcare, Protective Life, and many More!