November 17, 2008

Subject: File No. S7-14-08

I am Marcus G Dotson. I am a member of the Financial Planning Association. I am a Certified Financial Planner and an Enrolled Agent (tax practitioner licensed by the U.S. Treasury). I have been in practice for almost 25 years and I have seen too many abuses to senior citizens particularyl in the annuity sales area. We are currently working on two such abuses for families whose parents were mislead into purchasing annuity products nto suited for them.

We need a rule such as the one referred to above to :
1. protect the growing aging population from agressive insurance sales agents
2. make them fully aware of the liquidity risks, surrender charges, and other suitability factors that are not disclosed

Marcus G Dotson, CFP, EA