November 17, 2008
In regard to sec 151a I agree that sales practices should be monitored,however making the product a security will not solve the problem of a small few seelling improperly. This productly is not a security ,and fits well when the situtation calls for it.In the current economic inviroment clients owning a fixed index annuity are pretty happy that that part of their assetts are there for retirement.
R.Wayne Wilson