November 17, 2008

Subject: File NO. S7-14-08

EQUITY-INDEXED RULE S-7-14-08

I am a member of the Financial Planning Association (FPA). I SUPPORT THE PROPOSED EQUITY-INDEXED RULE.

I am a CERTIFIED FINANCIAL PLANNER AND ACCREDITED INVESTMENT FIDUCIARY with twenty years experience. I am also a fee-only insurance agent. As an "insider" to the insurance business and the sales tactics of commissioned agents, I have been in a position to identify annuity abuse in its many forms over the years. The recent Indexed annuities offer even "more and better opportunities" for agents to mislead the public. In addition, today's market and comsumer fears present a virtual bird's nest on the ground for agents.

As a senior citizen myself, I am personally in the insurance marketers' target group, receiving at least one FREE LUNCH invitation weekly. These invitations are misleading and often lack required disclosures.

The public deserves protection!

Ann Dotson, CFP, AIF