July 17, 2006

The principal issue I have with the proposed regulation is that annuities already provide the client with a 20 day free look period during which they can decide not to take the contract if they feel for any reason the contract was not suitable. I do not feel a registered principal should have to review the transaction within 2 days if the client has 20 days. There are circumstances in which it may be difficult to review a transaction in the event of an illness or vacation for example. I would urge you to consider not putting any further regulations on the sale of annuities. Annuities are a product that have created more value to one's financial planning by offering living benefits, yet they are becoming increasingly difficult to sell due to increased regulating body scrutiny. Feel free to contact me with any further questions or for comments regarding the proposed regulations.

Nathan M. Kosman, VP
The Rosselot Financial Group Inc.
"Plan for Life"
7450 Jager Ct.
Cincinnati OH 45230
513.232.6500/ 513.624.3124 (fax)

Securities offered through Mutual Service Corporation, member NASD/SIPC.
Advisory services offered through The Rosselot Financial Group a Registered Investment Advisor firm.