Subject: File No. S7-14-08
From: Ronald J Le Brane, Mr.
Affiliation: Insurance and finincial services

November 17, 2008

I protest this blantant incursion into the Insurance

business, You did a lousy job regulating the secureties

market and now you want this rule 151a to become law most

security dealers can not even explain a fixed indexed

annuity let alone understand what it is. I have had to

take alot of training to become certified in this field

any way the NAIC is doing a fine job at regulating this

business, Keep your nose out of our business, fine job

you've done as the sec. Stay-a -way

Ronald J Le Brane