November 13, 2008

Subject: File No. S7-14-08

My name is Jeff Huizenga and I am a Certified Financial Planner and a member of the Financial Planning Association and am in full support of the proposed rule for the SEC to have oversight of equity index annuities. I have been in the financial services business for the past 15 years and have securities licenses as well as insurance licenses. I have witnessed multiple cases where clients have been sold these products and the client was unaware of the surrender charges and inability to get out of the contract. With additional oversight from the SEC, there will be a more reasonable and balanced approach to enhancing the state enforcement efforts as well as greater protection for an aging population that does not understand the liquidity risks, surrender charges and other suitability factors associates with these products. With the commission structures attached to these products, aggressive sales agents have used questionable sales techniques to lure uneducated investors into these products. I encourage you to pass this rule.

Thank you!

Jeff Huizenga, CFP(R), ChFC