Subject: File No. S7-08-15
From: Jennifer Valentine

December 7, 2015

I'd like to respectfully ask that you reconsider your stance on paper-based investment reports. Many folks do not have the means to access a web site to opt-in and will miss out on these reports.

In addition, frankly, there are a lot of people, including many family members of mine, who make a living manufacturing and selling paper. Equate this decision to requiring all Americans to use public transportation and having to file a separate request to purchase a car. We wouldn't do that because it would kill the auto manufacturers. Let's not kill the paper manufacturers. We're talking 367,000 American jobs.