Subject: File No. S7-08-15
From: Mary Englund

August 6, 2015

I think the Investment Company Reporting proposed change that would make the paperless option the default will
put the information beyond the reach of many who either can't or choose not to use the internet, such those
who are not computer literate or live in areas without internet service. With all of the
hacking of accounts going on, the paperless option doesn't seem secure enough to me either. Of course the customer
will be told that all information is encrypted and the next thing you hear is that your financial info, contact info, account
numbers etc have been compromised by hackers. Give me the info on paper! Keep the mailed out paper reports as
the default and those who want to view on line can choose that for themselves. Thank you. Mary Englund