November 14, 2008

Subject: File No. S7-14-08

To Whom It May Concern:

I am a member of the FPA and I am a Certified Financial Planner™ practitioner. I support the Equity-Indexed Annuity Rule. I have personal experience of reviewing account statements for clients that do not fully understand the strict contract provisions of Equity-Indexed Annuities. Clients do not realize that these products have high surrender penalties and restrictions for withdrawals. Ultimately, I think that consumers would be better protected if the sale of these products was more closely regulated.

Respectfully Submitted,

Peter A. Godino, CFP®
Certified Financial Planner™
Vice President Financial Planning
Bainco International Investors