From: Daniel L. Lofrese
Sent: August 15, 2006
Subject: File No. SR-NASD-2004-183

I am a financial consultant and my opinion is that there already exist the necessary suitability rules and regualtions as well as disiplinary consequenses regarding the sale of variable annuites. No need to add addional layers that would only serve to burden the customer, representative and company and possilby add additional costs to the customer.