November 13, 2008

Subject: File No. S7-14-08

This email is in support of the proposed Equity-Indexed Annuity Rule.

As a financial planner in an Investment Management & Trust firm, we fully support the fiduciary role that we serve. In contrast, if have seen too many times products such as an equity indexed annuity that were proposed to clients where true fees, liquidity risks, surrender charges, and other suitability factors are not always clearly disclosed or understood by the client. In the majority of those cases it is my opinion that consumers are often mislead regarding the benefits of an indexed annuity.

Thank You,

Chad Jones

Chad Jones, MA, CFP®
Vice President & Sr. Relationship Manager
Investment Management & Trust
First National Bank