From: Ed Hilston
Sent: August 5, 2005
Subject: File No. SR-NASD-2004-183

Ed Hilston
22 Greeley St.
Merrimack, NH 03054

August 5, 2005

Jonathan G. Katz
Secretary, Securities and Exchange Commission Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-9309

Jonathan Katz:

I urge the SEC to approve the proposal.

I am an investment professional and feel that many people selling Variable Annuities do not understand them and sell them due to the high commissions and ease of sale due to the scare tactics and disinformation use. Fuzzy math is common in selling variable annuities. I am especially oposed to the long surrender charges. I feel it is long overdue that the SEC review this matter.


Ed Hilston