Subject: File No. S7-06-13
From: Gale Bowman
Affiliation: Managing Director, IrishAngels

July 11, 2014

I agree with the comment submitted by Kiran Lingam ( that raising the accredited investor thresholds would be disastrous for startups, job creation and the U.S. economy.  I believe the SEC should refrain from increasing these thresholds and should also adopt knowledge/experience based standards for an individual to become an accredited investor.

I run an angel investing group of 100+ members, and if we lose 50 members, it would be a huge setback for all of the positive work we have done. This is extremely important for both economic development and job creation in the US.

Gale Bowman
Managing Director, IrishAngels