Subject: File No. S7-14-08
From: Jay L Wilcox

August 25, 2008

As an owner of multiple fixed indexed annuities, I highly object to the SEC trying to take control of an insurance product with guarantees. You have no right or responsibility to be involved in this arena. I have never lost any money in a fixed indexed annuity or any other fixed annuity, nor has anyone else. Please back off and let the insurance industry and the insurance departments regulate what they have been doing for years, all without anymore SEC regulation or scrutiny or confusion to the consumer that the SEC is trying to cause.