Subject: File No. S7-14-08
From: Alvin L Helfenbein, CLU CSA
Affiliation: CEO Helfenbein Insurance Agency Inc.

November 18, 2008

The insurance industry is the best place to serve the annunity customer as they develop the necessary retirement planning for the customer. The annunity has always been an insurance product and will continue to meet the strigent insurance regulations.

We have already expierenced the securities lack of oversight in the current melt down.

Don't put more on the SEC'S plate leave the annunity regulations to the states where they can respond faster to protecting the annunity customer.