From: Jady Hoffner
Sent: July 14, 2006
Subject: File No. SR-NASD-2004-183

To whom it may concern,

I am against a new rule for suitability for variable annuity sales. Why because this would be duplicating suitability under rule 2310 of the NASD. People who do unscrupulous things to their customers should be prosecuted, but having duplication or triplication of rules does not make sense. You can make millions of rules but bad people will do bad things no matter what the rules are. Please simplify all the rule and lets use some common sense.

Thank you for being open minded and allowing me to voice my opinion.

Jady Hoffner
Registered Representative