July 10, 2008
I STRONGLY OBJECT TO THE SEC ATTEMPT TO INTERFRE WITH WHAT
IS CLEARLY BY THE LAWS DEFINETION AN INSURANCE PRODUCT.
SINCE 1913 IT HAS BEEN SO, YOU MAY FEEL THAT THE INTREST
OF THE SENIOR IS BEST SERVED BY SUCH INTRFERENCE, HOWEVER
MOST SECURITIES DEALERS DO NOT UNDERSTAND THE EIA OTHER
THAN IT IS TAKING A LOT OF THEIR BUSINESS AWAY FROM THEIR
INSECURE INVESTMENTS IN WHICH ONE COULD LOSE SOME OR ALL
OF THEIR LIFE SAVINGS. THIS ACTION IS AN ATEMPT TO STOP
THE TRANSFER OF WEALTH FROM UNSECURE SECURITIES TO A SAFE
INSURANCE PRODUCT WITH GUARNTEES. RONALD J. LEBRANE