Subject: File No. S7-14-08
From: Raymond Gniazdowski
Affiliation: Society of Certified Senior Advisors

August 25, 2008

As an insurance advisor for over 26 years and most currently to seniors, I believe that the SEC's only interest to fill their pocket books and not in the best interest of either the insurance professional and/or the insurance consumer, therefore, I am not in favor for regulations as it relates to indexed annuities.