Subject: File No. S7-35-11
From: Wayne E Sonnen

September 3, 2011

Dear Sir or Madam,

Subject: Public comment on interpretations of Investment Company Act applied to mREITs

I am I salaried professional who does not enjoy the benefits of a pension plan. Although I contribute to my 401K, I do not believe that or any social security benefits will be sufficient for my future needs. As such, I have been actively investing in dividend stocks. I have found mortgage Real Estate Investment Trusts to be an attractive alternative and began investing in them.

I believe that allowing mREITs to continue their business in their current form benefits both myself and US tax payers, as well as providing liquidly to help finance home mortgages. I urge to you please do not change the rules regarding MBS and mREITs at this time.

Thank you for your attention,

Wayne Sonnen