Subject: File Number S7-14-08

Bryan Pratt

August 27, 2008

Florence Harmon
Acting Secretary
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-0609

Florence Harmon:

I am a licensed insurance professional. I am writing to you because I fully support the adoption of proposed Rule 151A, which would classify most indexed annuities as securities.

The lack of suitability and adequate disclosures, as well as "shady" marketing methods have harmed far too many individuals and make it clear, that despite the best of intentions by the insurance industry, additional oversight is necessary.

In my opinion, indexed annuities should be treated as security products. The professional organization I belong to, the National Association of Insurance and Financial Advisors, is opposed to this rule. From the information I have seen, it appears they are committed first and foremost to the insurance companies they represent, rather than the customers they serve.

I urge the SEC to proceed with the proposed rule. Thank you for your consideration of my views on this matter.

Regards,

Bryan W. Pratt, CFP
Member of NAIFA, SFSP