Comments of R. Strauss on S7-21-04

Subject: File No. S7-21-04
From: Ruth A. Strauss

July 27, 2004

Please consider whether the definition of asset-backed security contained in Rule 902 of Regulation S should be updated to provide for consistency with the new definition of asset-backed security provided by Regulation AB.

Subject: File No. S7-21-04 From: Ruth A. Strauss

Subject: File No. S7-21-04
From: Ruth A. Strauss