November 13, 2008

Subject: EQUITY INDEXED ANNUITY RULE s7-14-08

I SUPPORT THE POSITION OF THE FPA AND THE PROPOSED RULE! I'M AN FPA MEMBER, FINRA CHAIRMAN ARBITRATOR, ATTORNEY AND CFP. THE INSURANCE SALES PEOPLE ARE ABUSIVE AND CARELESS IN SELLING THIS COMPLEX PRODUCT TO UNSOPHISTICATED BUYERS FOR WHOM IT IS UNSUITABLE. DO NOT BE FOOLED BY THE INSURANCE INDUSTRY LOBBY!

PSE JD/CFP®