Subject: File No. S7-08-15
From: Eric Skogseth
Affiliation: EVP Bay State Envelope

July 16, 2015

I strongly feel that statements should continue to be sent via mail unless the investor chooses otherwise. Paper is the preferred method of transmission for 71 percent of investors according to the SEC's own study conducted in 2012. It would effect the elderly population as 41 percent of people over 65 years of age do not use the internet. And lastly it has been proven that it is easier to read and understand information when paper is used.