The maximum frequency for an op amp is obtained from the Gain-Bandwidth Product. Divide that by the gain of the amplifier and that's your max frequency. LM321 has a GBW of 1MHz, so you can operate it at 1MHz with a gain of 1, or a at 200kHz with a gain of 5, or 667KHz with your gain of 1.5. Note that this is assumes a sine wave. The maximum square wave frequency that the amplifier can handle while still getting something that looks like a square wave at the output will be substantially lower, depending on your rise/fall time requirements. Rise time is approximately 0.35 divided by the bandwidth, but what this means for your circuit depends on what the laser does with the input signal.