Prosper registration filing

I read this on the Prosper blog this morning. Very interesting development, Is this following suit for that other site that's doing loans as well? I forgot the name at the moment...

Until we complete the registration process, we will not accept new lender registrations or allow new commitments from existing lenders. If you’re an existing lender, your current lender agreements will be unaffected; your existing loans will continue to be serviced; you’ll be able to track and monitor your loans; and you’ll be able to withdraw funds from your Prosper account.