November 17, 2008

Subject: File No. S7-14-08

My name is John Alan Thomann.
I am a member of the Financial Planning Association (FPA) and I support the proposed SEC oversight of indexed annuity sales.
I am a 34 year veteran of the insurance industry and 24 years in the securities industry holding Services Licenses #6, 7, and 26.
I hold the Chartered Life Underwriters, Chartered Financial Consultant and Certified Financial Planner(R) designations.
My practice is retirement planning and I work daily with seniors. I do not sell equity indexed annuities as I feel they are unsuitable for seniors.
Over the years I have had to counsel seniors whose purchase of an equity indexed annuity left them illiquid and facing years of high surrender fees. I feel our country's seniors deserve the protection of SEC oversight. Thank you.

John A. Thomann, CFP(R), CLU, ChFC
Thomann Financial Services, Inc.