Subject: File No. S7-14-08
From: James R Muse

August 13, 2008

If not now regulated by the SEC, these policies should be since they are simply a tool in the securities salesperson's box to sell stocks to investors. I have purchased four annuities from Met Life Inc in the last two years. Two had "guaranteed annual returns of 6%" plus 6% on the front end. The selling agent was both a licensed securities dealer and a licensed insurance salesperson. These policies were marketed as stock marked investments with what the salesperson stated was "wrapper" from life insurance companies that provide some "tax advantages". Fees eat up about all of the earnings.
Massive failure to disclose terms of the policies and misrepresentations made by agents resulted in large losses to me.

I will forward under separate cover letters with details of these policies and sales practices that should be scrutinized the same as any other securities sales.