November 19, 2008

Subject: File No. S7-14-08 - EIAs

As both securities and insurance licensed, I support the SEC and FINRA oversight of these hybrid investment vehicles. Too many insurance agents do not understand and do not properly present these products. I believe the insurance industry places too much emphasis on agent compensation (via high commissions and long surrender periods that buyers do not now nor understand) and not enough on protecting the policyholder.

William C. O'Connor, CFP, EA, ATA
LPL Registered Principal