Subject: File No. S7-14-08
From: David S Krueger, CLU

September 9, 2008

My comments are for the proposed Rule 151A. It is obvious indexed annuities are not securities. I have invested in mutual funds and individual stocks and variable annuities in the past and have found the negative side of these investments. I have lost my shirt and if I had left them in index annuities I would not have lost a dime of my money and would be in incredibly better shape financially. Index annuities are a safe place to place your money that you will need for the future. It is especially beneficial for anybody over 50 due to the fact that it will be hard to make up for losses in the market before you reach retirement time. Index annuities will not let you lose any money, you can only grow your asset base.
Thank you.