Subject: File No. S7-08-15

August 4, 2015

To Whom It May Concern: Paper is still the preferred method of transmission for investors. According to SEC’s own study conducted by Siegel + Gale in 2012, 71 percent of American investors said they prefer to read annual reports in paper format rather than online versions and a large number of respondents also asserted that printed materials yield higher content comprehension than online materials.
I would like to continue to receive my information by paper. Please do not take this away ? You people in Washington DO NOT CARE  about the people that work in paper mills !!

Jack Beard