Subject: File No. S7-34-11
From: Eduardo J Rubiera

October 6, 2011

It ain't broke, please don't fix it

Many retirees, like me, depend on income from mortgage REIT securities. These are not new-fangled complex derivatives, in the hands of mega-investment houses to sell to duped individual investors. These are straight-forward researchable investments widely recommended.

Please do not create additional regulations which may hurt the income we receive from these.