Re: so... anyone want to make a regulated US stock exchange?

now lets talk about the exchange

Any BTC exchange is going to have to comply with the same rules and regulations as existing broker / dealers. Specifically:

Quote

A broker-dealer may not begin business until:

it has properly filed Form BD, and the SEC has granted its registration;
it has become a member of an SRO [Self Regulatory Agency];
it has become a member of SIPC, the Securities Investor Protection Corporation;
it complies with all applicable state requirements; and
its "associated persons" have satisfied applicable qualification requirements.

Link: http://www.sec.gov/divisions/marketreg/bdguide.htm#III

So we're back to the same question... why go through the trouble when the OTCBB already exists? Even putting aside the SEC and SRO regulations, there is no incentive to become properly registered and compliant with all of the states. The money is just not there.

The money is just not there ... yet. As bitcoin grows and takes over the world, the money will be there because bitcoin will be the money.

I like the list you include, that is the useful sort of information we need to get this rolling.

If Bitcoin takes over the world it will be because it will have a special regulatory status. It's never going to be able to grow if you have to register in all 50 states, pay almost 10 million dollars, just to comply with regulations designed for banks. Banks need all that regulation because of all the people involved in a bank. Bitcoin is just the blockchain and it's very hard to corrupt that system, so a lot of the regulation doesn't make any sense for Bitcoin.

Face it, unless there are special laws written of for Bitcoin it's not realistic to even think about building a compliant exchange. It makes more sense to push to change the laws than to worry about compliance.