August 11, 2015
Good afternoon,
I wanted to comment on the impact of Rule 30e-3 as it pertains to the electronic fulfillment of documents. I believe that if you provide the ability for funds to make the invetor 'opt out' instead of 'opting in' as is the case today for most all regulated documents, you will limit the investors options. It should be the role of the funds to get an opt out option, not the inactivity of the shareholder. Communications can always be misinterpreted or overlooked. If a clear consent is not given then a lack of response should not be construed to be one. As a business owner in the mailing industry I see that trends of elec fulfillment still only sit at 3-4% and the overwhelming thought is that especially for financial and health related information, the public still requests hard copies.
Thank you.
Steve Samis
VP Production
Applied Business Systems, Inc.