August 11, 2015
I urge you to reconsider this amendment. As an investor, I require this information to be provided to me quarterly and having an option to "opt-in" for paper statements could be overlooked by many aging investors. In the end, if it turns out that most investors get their reports online only, then there is a potential integrity issue with posting the results as they could be manipulated afterwards. Also, there is no potential for hackers to affect results and information if it is printed and distributed.
Finally, the request to transfer all results to online is only a cash grab. The investment companies are doing this to enhance earnings and cut expenses by reducing their printing and mailing costs. However, this will have a dramatic affect on jobs in both sectors --- US Postal Service and printing companies.
Overall, there are too many pitfalls to this amendment and it should be eliminated.