Subject: File No. S7-14-08
From: Charles E Main, MBA, RFC

August 23, 2008

As an already securities representative, I have no problem with indexed annuities being an insurance product, and putting it under the control of SEC is not going to improve the regulation of the annuities, but limit the number of people who could sell these products. As with any product or service, it is the individual and no amount of regularatory rules will make the product safer.

In addition, if you want to carry this logic further than indexed Universal Life should come under the control of the SEC as well.

I oppose this proposed Ruling 151A as we already have too many limitations and rules under the SEC that already limit our ability to market.

Sincerely,

Charles Main, MBA, RFC
Represetative Agent