Subject: File No. S7-08-15

July 20, 2015

Dear Secretary Brent J. Fields:

I am writing to comment on proposed new regulation Rule 30e-3 and ask that it not be implemented. I, like most Americans, have a strong preference to receive, read, and retain my annual reports and other critical shareholder reports and documents in hard-copy via mail than in electronic form.  This proposal will also put many American jobs at risk in the paper and converting industries.  Paper copies need to remain the norm.   I ask that this proposal be rejected and that electronic transmission remain the opt-in choice while leaving paper as the default method of distribution. Thank you for considering my input.

Kathy Watters