June 3, 2014
I encourage the maintenance of the current accredited investor definition and discourage increasing these accreditation thresholds. As a woman owned business and angel investor I know first hand how critical access to angel capital is to women owned businesses. Often women and minority businesses struggle for funding and need broader access to capital that would not be present with the increased income and net worth requirements for accredited investors.
Efforts would be better served by focusing on broadening access to capital, not restricting the flow of funds.