From: Lawrence Lester
Sent: July 14, 2006
Subject: File No. SR-NASD-2004-183

I am against the proposed new suitability requirements for variable deferred annuities because there are already clear suitability rules in place, not only from the NASD but from the state insurance regulators.

Lawrence Lester
Financial Consultant
AXA Advisors
1633 Broadway
New York City, NY 10019