Subject: File No. S7-14-08
From: Scott J Cameron
Affiliation: Scott Cameron Insurance Agency, Inc.

October 21, 2008

I think that equity index annuities SHOULD be regulated as securities.
These products are at least as complex, from the consumer's standpoint, as Variable Annuities and Mutual Funds. Due to the past abusive sales of annuities in IRA's and to seniors as well as the complexity of fees and crediting formulas, they should be highly regulated.