Subject: File No. S7-34-11
From: Evan E Strong

September 2, 2011

Dear Sir or Ma'am,
I would like to express my concern over the possible rule changes affecting mREITS. As an investor and primary wage earner for my family I have turned to mortgage backed REITs as a stable source of income in my equities portfolio.

With the exceptional volatility we are seeing market wide, I feel like changing the rules governing a very popular investment category would further marginalize individual investors who are looking for some sort of safe haven stability.

Please accept these comments as strongly against any changes to the rules surrounding mREITs.

Thank you,
Evan Strong