Subject: File No. S7-14-08
From: Jake Wylan, Jr.
Affiliation: PIABA member attorney

August 19, 2008

I support this rule. These products are abused. Sold as securities, and are just bad products and sold based off of false or inaccurate promises.

Also, I do not believe the comment period should be extended. Do not provide insurance agents the opportunity to continue to hurt seniors and others as they fight like heck to be allowed to continue ripping off seniors. Abuse should be stopped as soon as it is recognized. The SEC seems to have recognized it. So. lets put it to an end ASAP.