Subject: File No. S7-14-08
From: Daniel A. White, CLU, ChFC

November 17, 2008

Index Annuities Have No downside Market Risk and Should not be Classified as securities. They are fixed contracts and should be regulated as such. The SEC has many other areas that they need to be looking at in this financial meltdown....FIA's are good for the consumer and SEC regulation would add additional costs that will ultimately be paid by the consumer.