November 13, 2008
As a financial professional and CFP certificant, I urge support for File No. S7-14-08 requiring security oversight of index annuities. The vehicles are securities driven and their representation should only be presented by a securities professional. My experience is that someone not familiar with securities does not adequately portray the potential pitfalls as well the pros of these vehicles.
Walt
Sagemark
ConsultingSM
A member of Lincoln Financial Group
Walter F. Williams, MBA, CFP®, CRPC