Master Data Services Configuration Manager - Issues on IIS

Problem:

I use a 64xWindows 7 ultimate SP1 and SQL Server 2012 SP1 CP3 Dev for the Master Data Services. I have configured the settings for IIS based on suggestions on the page:

http://msdn.microsoft.com/en-us/library/ee633744.aspx

Or specifically as follows:

 Internet Information Services
          World Wide Web Services
                                Common HTTP Features
Static Content
Default Document
Directory Browsing
HTTP Error
Application Developmet
                 ASP.NET
                 .NET Extensibilitt
                  ISAPI Extensions
                  ISAPI Filters
Health and Diagnostics
              HTTP Logging
                  Request Monitor
Security
              Windows Authentication
                   Request Filtering
Performance
               Static Content Compression
Web Management Tools
                 IIS Management Console
Microsoft .NET Framework 3.5.1 Features
                HTTP Activation
                Non-HTTP Activation
Windows Process Activation Service
                Process Model
                .NET Environment
                Configuration APIs

But I still got the error/warning message: ...Internet Information Services (IIS) is not configured on this server. The required .svc handler mappings are not installed in IIS...

Reason: 

I have .NET 4.0 installed first, the IIS configuration, which is compatible with .NET 3.5.1, was just configured. They do not match. I need to re-configure IIS to make it compatible with .NET 4.0

Solution:

Open a command prompt and go to C:\Windows\Microsoft.NET\Framework64\v4.0.30319). Run aspnet_regiis -i.  It fixed the problem.