Subject: File No. 4-914 .............. Please raise the Reg CF cap from $5M to $20M
From: Tom Wright
Affiliation:

Sep. 23, 2026

Dear Ladies & Gentlemen, 


I am an active angel investor with a current portfolio of 151 start-ups companies, and it is so frustrating when I, and my fellow angel investors, want to invest more money in a promising start-up and I am told by the founders that they cannot continue their current super-successful raise because of strict and severe SEC limits on raise amounts. 


Please help unleash the Power Of Capital For The Masses by raising the Reg CF cap from $5M to $20M. 


Thanks "a million"!! 


Best regards, 


Tom J. Wright