From: Porter T. Talbot
Sent: July 17, 2006
Subject: File No. SR-NASD-2004-183

I am writing regarding the NASD proposed Rule 2821 and the suitability of variable annuities.

As someone who is a consumer of variable annuities and formerly a sales representative of them (I am now in management and no longer actively selling), I am concerned that the SEC would put more restrictions on one securities product over another thereby causing fewer individuals to purchase this variable annuities.

I must receive 10 e-mails a day regarding penny stocks, I get called regarding options and futures and am bombared with mutual fund ads. These people do not know me or my situation. Why separate one product from another. I think you should put restrictions on all programs and let consumers choose the product(s) that meet their financial needs with the help of trained professionals. By putting additional suitablility requirements on some products and not on others, it appears the government is endorsing one over another.

Porter T. Talbot, RFP, ChFC, CLU