We may just have to agree to disagree about the regulation issue. When I was looking into the banks, it seemed to me to be an industry in the shadows, with nobody looking over their shoulder to see if what they were telling people was true. Since this is such an important issue to the consumer, injecting sperm into a woman and producing children, it seems to me to be a reasonable area for regulation. If the banks are really doing all the QC they claim, there is no additional cost to them.
Sperm banks are used by a lot of heterosexual couples with male factor infertility (which in spite of major advances like ICSI, remains a common obstacle), and by single heterosexual women. Just peek at the fertility message boards, which are overwhelmingly inhabited by married women.
As for no cost to additional regulation, it never seems to work out that way. If nothing else, taxpayers will be supporting yet another government program. And all for a process which has been found to have infected precisely ONE woman WORLDWIDE since the advent of HIV antibody testing.
As for the other parts of the FDA's proposed package, the testing for embryo donation could be really onerous. In addition to testing the parents before the embryos are created, they're also going to required testing several months afterward, in case the parents (almost always married heterosexual couple) had contracted AIDS or some other disease shortly prior to the creation of the embryos, but to soon before for the tests to show positive). The timing of the additional tests means that they would have to be done while the parents have a few-months-old baby at home, and for parents who used an out of town clinic, they would incur the time and expense of travel as well.