Subject: File No. S7-14-08
From: Ronald M. Robins
Affiliation: Beacon Financial Advisors, Inc.

November 13, 2008

I am in favor of Federal oversight of equity indexed annuity sales.

I am a member of the FPA. I have been licensed to sell insurance and annuity products for 15 years (as well as securities) I am also an RIA. I am aware of clients who have purchased equity indexed annuities that were totally inappropriate for their situations. However, the unscrupulous agents who sold them were handsomely rewarded by their companies and never brought to punishment for their activities.

I have the following thoughts regarding the proposed rule.

Thank you,

Ronald M. Robins
Beacon Financial Advisors, Inc.