Subject: File No. S7-14-08
From: Wilene Holmes

October 16, 2008

I feel that the insurance companies who sell the index
annuities are already requiring a suitability form be
completed and they are following up on the agents to
make sure all the requirements are being met. This rule
will have a devastating effect on the amount of annuities
being sold. If the agent isn't security licensed, they
will simply sell them a another product. Then the client
will not get what may be best for them.