August 3, 2015
I do not support shifting away from paper as the primary choice of investor documents. This great country of our was built upon inclusion. One of the outcomes of inclusion is the opportunity to have choices. Taking away tangible and permanent options to review one's personal finances is against inclusion and choices.
Rule 30e-3 would impede access for many investors, especially the elderly, those with disabilities, and minority Americans – all demographics that are less likely to have regular Internet access. For example, 41 percent of Americans over 65 years of age do not use the Internet, yet, according to the Investment Company Fact Book, 34 percent of this population owns mutual funds.
I ask that you do not impose legislation that would constrain inclusion, especially with regarding an individuals personal finances.