August 28, 2008
To whom it may Conern:
I believe that EIA are not securities, the sec already
regulates the Variable annuities, that are securities.
Their is a big differance. EIA are not buying stocks or bonds. The Public is buy a save place to put their money,
with promise not to lose there principle. The insurance
company is the one takeing the risk on their own pennies.
People are tried of losing their money in the stock market.
That's why EIA were created. thanks Bernarda Rosales-Phipps