August 11, 2015
This is very disturbing. Printed information is preferred as the default, for it's availability, accessibility, and comprehension.
If the Investment Companies are hoping to repress information to limit scrutiny, then that is egregious.
If the Investment Companies are pushing this as a cost savings (of printing and postage), then they had better be promoting their intent to reduce customer fees accordingly. I don't think they have made that pledge, which adds further uneasiness about the SEC being willing to consider this idea.
Hard copy is more useful and should remain the default.
Terry Griffis