November 16, 2008

Subject: File No. S7-14-08

My name is Diane Rochel. I am a member of the FPA. I have been a licensed annuity agent since 1982. I support the proposed SEC rule to have security regulation and oversight of indexed annuities.

Because index annuity performance is tied to an investment index, it is impossible not to discuss them in the context of investments and to compare them to other investments. The rule is a reasonable and balanced approach to enhancing state enforcement efforts. The vulnerable aging population needs this additional protection from aggressive sales practices that can mislead as to the potential for return, liquidity risks and surrrender charges.