SecondMarket Takes First Step to Becoming a US Bitcoin Exchange
http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
The article exaggerates a little because they are buying bitcoins but not selling them according to the site that it links. They need to buy bitcoins to obtain assets for their fund, so it makes sense. Perhaps they were buying on Mt Gox before and now they can't.
Anyway, buying and selling bitcoins doesn't make you an exchange. Coinbase is not an exchange, for example.
