As a member of FPA I support the proposed rule. I am currently a CFP with a large investment firm & have been in the business for over 25 years. My practice covers many products & I feel we need the oversight of the index annuity that this rule would provide. Many consumers do not understand how these annuities work. I find they have been mislead concerning taxation, liquidity risks and surrender charges. Not all states have adopted suitability standards nor do the insurance commissioners have adequate staff or resources available.

Thank You

Rita B. Parker CFP(tm) RPC
Associate Vice-President, Investment Officer
A. G. Edwards, a division of Wachovia Securities LLC