Subject: File No. S7-14-08
From: Kassia A Cristello
Affiliation: Registered Represenative / OSJ

November 1, 2008

Insurance Agents NEED to have clearly detailed education and supervision when recommending to prospective investors both "fixed" and "equity-indexed" annuitites.

From my industry observation the insurance industry didtates to it's agents to sell for commission benefit.

The average Joe/Jane really do not understand the un-implied risk the the insurance industry sales force equally under-estimates as risk.

Please pass legislation to mandate insurance product reglation on a nation basis.

The state level is vunerable to a higher degree of corruption.