"U.S. regulation of this global industry"
Really? It may come as surprise, but in the rest of the world people may not always see the US as our natural leaders.
It seems that most of the online poker problems we've had to deal with have been caused by the US position.
If this does if this go through and online poker is legitimized, maybe the US market is big enough to force the existing sites to comply with your rules, but remember, many online poker sites
had already decided the US was too difficult to handle even before BF.
Isn't there a danger that you may find your self playing to your rules on US only, government controlled sites