November 14, 2008

Subject: File No. S7-14-08

By way of introduction my name is Dee Lee and I am a CFP and a member of the FPA. I live and work in the Boston area and my primary focus is education. I work with state treasurers around the country working on Women’s financial literacy I also do some work at WBZ 1030 am radio in Boston. So I am always dealing with the public.

Annuities are a big problem for people do not understand what they are purchasing. This product is often sold to individuals who would be better served by a simple CD at a bank or an index mutual fund.

I believe federal oversight is a good thing!

Dee Lee, CFP