Subject: File No. S7-14-08
From: Dede Boden

August 20, 2008

To whom it may concern:

I think we all agree the sole purpose for selling an annuity to a client, especially a senior, is to make them more comfortable in there retirement years or allow them to pass on their savings to their loved ones. I'd like to add that no matter if an agent is required to have a securities license or not, there is always going to be a bad apple in the basket - an agent who is just in it to make money for himself. Before this ruling comes up for vote, I think the SEC needs to take a look at what they are already responsible for and make sure that is in good order - clean up their own backyard. As it stands today, there are no fees or costs to the purchaser of FIA's. In the end, the consumer WILL be the loser. I caution you to take a hard look at what the cause and effect will be and choose what will be best for the CONSUMER.
Thank you.