As it was discussed to death in a previous thread, Dodd's bill does not include any direct increases to the accredited investor standards. So, when AVC says: "

As it was discussed to death in a previous thread, Dodd's bill does not include any direct increases to the accredited investor standards. So, when AVC says: "Dodd's bill would increase that to $2.3mm and $450k respectively", he is pulling the numbers out of thin air. Dodd's bill says that the SEC shall increase the amount "as the Commission determines is appropriate and in the public interest, in light of price inflation ..." quoted directly from the bill. So the SEC has wide discretion as to how to increase these standards and has to consider the public interest. It is extremely unlikely that the SEC would make the drastic increases this article mentions. It should also be noted that the SEC has had the power to change these numbers at any time since 1982, and has chosen not to do it. So, again it is unlikely that they will now decide to double the numbers. Of course you may think that the bill is still undesirable, because one should not prod the SEC to raise these numbers. But the way the original article worded things was simply not correct.