Subject: File No. S7-14-08
From: Steve A Buchwalter, Esq.
Affiliation: Attorney

November 5, 2008

I am an attorney who focuses his practice in securities law. Many of my clients have been fraudulently sold indexed annuities. I believe that it is an area that needs more regulation. Allow the states to add to the federal rules, but federal rules should exist. I support the proposal.

Steve Buchwalter
16133 Ventura Blvd.
Ste 560
Encino, CA 91436
(818)501-8987

http://securitieslaw-attorney.com