Subject: File No. S7-14-08
From: john d turner

July 11, 2008

This issue is political and therefore arguments of the merits are irrelevant. I have been in the investment/insurance business for almost 30 years and know there is no valid reason to regulate EIN's as securities, This is nothing more than an effort by the securities industry to eliminate competition by using political means rather than competition in the marketplace under the guise
of looking out for the consumer. This type of effort is yet another example of interests competing using government legislation/regulation in lieu of competition.

Futile though it is, I object to this misuse of the institutions of our government and I particularly object to the hypocrisy of all those who advocate changes such as this for selfish ends while couching their case in terms of being concerned about the consumer. Actions such as this jeapordize not only the democratic/legislative process but also the competitive basis of our ecomomic system. As my father noted years ago,"farmers don't farm the land anymore, they farm the government".

Thank you-