The following Letter Type C, or variations thereof, was submitted by individuals or entities.

Letter Type C:

Fixed-Indexed Annuities are not traded on stock market exchanges.

Fixed-Indexed Annuities have guarantees not available in public traded stocks, mutual funds, bonds and commitities.

Fixed-Indexed Annuity guarantees include guaranteed cash surrender values, guaranteed income options, and protection from market losses.

Fixed-Indexed Annuities have no brokerage commission to the annuitant/owner, no annual fees, and no cost for changing indexed-interest rate strategises.

The Fixed-Indexed Annuity does't look like a stock market investment, it doesn't walk like a stock market investment, it doesn't smell like a stock market investment, it doesn't cost like a stock market investment, it doesn't lose value like a stock market investment, and it doesn't rob retirees age 70-1/2 by forced liquidation sales at a loss just to satisfy the IRS RMD.

The Fixed-Indexed Annuity looks like a guaranteed insurance product - paysoff like an insurance product - offers the safety of an insurance product - IT MUST BE AN INSURANCE PRODUCT.

http://www.sec.gov/comments/s7-14-08/s71408typec.htm