Subject: File No. S7-14-08
From: Mark E Pogreba
Affiliation: CFP

July 10, 2008

I absolutely think Indexed Annuities should be considered securities They are extremely complicated and are being sold by individuals that don't have the proper licensing or knowledge to do so. I am a series 7 and CFP and I even have trouble with the complicated rules for many of the indexed annuities.