August 10, 2015
I am writing in opposition to Rule 30e-3 proposed by the SEC.
Rule 30e-3 shifts the burden onto investors by requiring them to opt-in to paper delivery of critical fund information.
I own mutual funds and prefer to receive important information, including reports on fund performance, by mail. This is for financial convenience, security, and safety.
Automatically switching investors to e-Delivery is an example of government overstepping its boundaries. Electronic delivery doesnt work for everyone. The default method should be left as is - paper.