Subject: File No. S7-14-08
From: TRENT WALKER

July 30, 2008

Gentlemen: I am opposed to the SEC takover of Fixed Equity Annuities for numerous reasons, but of major significance is what eliminating FIA,s will do to Seniors. Many above the age of 65 need these type retirement vehicles for the very reaosn they exist--To eliminate Risk I don,t know of another investment available that offer zero or no risk to their principal--and also, there have been very few complaints on FIA,s when compared to other type investments such as stocks, mutual funds, bonds, etc.
I,m amazed that at the time when all the major markets have dropped 15-20% in value you want to target FIA,s where No Person has lost a single penny
Please reconsider the value to older people and leave the Equity Indexed anuities under the Insurance Umbrella where they belong and under State Supervision.
Thank You,

Trent Walker