Paul, you are on the right path to ways to harness the Internet in the public square and new ways in which it can be used for regulation. Just as there is no there there on the Internet (http://tiny.cc/OxO8I ), do we need to "go to" the government for this? As our founders and Jean Jacques Rousseau realize, WE are the government. There may be elected officials, various branches and numerous agencies, but, at the end of the day, government receives its authority from US and can not exist nor have authority without US. So, could the SEC of the 21st Century, powered by wikis, XBRL and other engines, not become its own agency, removing the intermediary of government for its own regulation by the ultimate market arbiter, people?