Subject: File No. S7-08-15
From: Zane Hollenberger

July 27, 2015

Internet access and e-mail may be commonplace but they are not universal, and they offer poor replacements for the timely receipt of personal financial information through the mail. Significant portions of this countrys population lack access to electronic services. Mail delivery, however, is universally available, and it provides the broadest access to all recipients. It should be the default option for information distribution.
Mail delivery provides the broadest access to all recipients and should be the default option for information distribution. Electronic distribution does not reflect most investors preferences. Most Americans prefer paper communication for financial disclosures. While many investors might like to receive electronic communication, they should be the ones who choose it since the majority prefers paper-based options.
Online-only access to investment information could open up numerous security issues for the countless Americans who prefer the safety, security and privacy that the use of the Postal Service has provided for hundreds of years.