September 2, 2008
Dear Comissioner Cox, I have been an insurance producer for 22 years, in the last 5 years I have been able to help so many clients , who have needed a fixed indexed annuity to balance their retirement needs, I am sure you are aware of all of the benefits these products offer, so I wont dissertate. What would be an injustice to my clients and myself would be not to be able to offer these services in the future Fixed Indexed Annuities have their place in the insurance industry, not as a registered security. I believe that we need an extension on the comment period, so that everyone has a chance to give their opinion on the proposed change. My concerns with my clients run deep, my customers sleep well at night knowing that their Fixed Indexed Annuity is protecting their retirement and I sleep well knowing that,also I pray that you as commissioner of one of the most highly regarded agencies in the world will help us as professionals to be able to provide an invaluble service to our clients and a livlihood for our families by letting us continue to sell Fixed Indexed Annuites as part of the insurance industry. Sincerely, Jerry D Fromm