July 17, 2015
As with the majority of the public, I prefer to receive paper statements and would not support the default being electronic delivery whereby I have to opt-in for paper. 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.1
Thank you for your consideration.
Tim
Timothy Hess