I suspect that this could be an effort to do something like the Financial Services Roundtable. 1) Form an organization 2) get dinosaur market peers to join 3

I suspect that this could be an effort to do something like the Financial Services Roundtable. 1) Form an organization 2) get dinosaur market peers to join 3) establish a standard 4) collude on how things get done 5) lobby for regulation around how things get done 6) make it impossible for new entrants to disrupt the new system with technology and alternative business models. 7) profit.