January 13, 2016
Please do not make this rule change. Most investment services/brokers already offer a non-paper option for those who choose it. To make it mandatory first could cause confusion and frustration for many who would rather opt for the paper option automatically. Investment houses and brokerages could be forced to expend extensive costs following up with investors who would then choose to go back to paper as their preferred method of receipt for these materials. Let the free market choose whether to receive their prospectuses and annual reports on paper or electronically rather than making it one step closer to mandatory for only one format. Thank you for your consideration of this opinion.