Industry divided on, investor advocates opposed to, reforms
Settlement includes 20-year market bans, monetary sanctions
Crypto firm to pursue full dealer and ATS registration, plus SRO membership
Regulator aims to bolster investor protection, modernize rules
Consultation proposes registration, supervisory standards for independent reviewers
Regulators craft detailed standards to implement new crypto regime
Crypto lending program amounted to unregistered securities offering, regulator charged
Personnel moves come ahead of agency's new strategic plan
Fund industry critics worry about rules' impact on liquidity, costs
Tribunal accepts settlement with crypto project founders, including more than $1.5 million in sanctions