June 2, 2011
I am an individual investor who has been saving and after many years I am almost to the point of having a net worth of greater than $1.5M and being able to invest in hedge funds.
Please do not change the rule from $1.5M to $2.0M. This will take away my opportunity to consider investing in one of several different hedge funds I know of.
I urge you to please not raise the limit and instead please drop the $1.5M limit so I can have the opportunity to invest sooner. I believe in more choice not less. Please please do not increase the limit and change the rules.