Industry association: Difference between revisions

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Fun fact: the [[collective noun]] for a group of [[industry association]]s — seldom used, because so rare and disconsolate are the circumstances in which they get together<ref>Such as drafting a standard disclosure notice that [[Stock lending|stock lenders]] could send to each other advising themselves that their [[title transfer]] arrangements are arrangements involving the [[Title transfer|transfer of title]]</ref> — is a “[[torpidity]]”.
Fun fact: the [[collective noun]] for a group of [[industry association]]s — seldom used, because so rare and disconsolate are the circumstances in which they get together<ref>Such as drafting a standard disclosure notice that [[Stock lending|stock lenders]] could send to each other advising themselves that their [[title transfer]] arrangements are arrangements involving the [[Title transfer|transfer of title]]</ref> — is a “[[torpidity]]”.
The most famous torpidity of all is the [[Joint Chiefs of Staff of the Industry Associations]], an august body comprising personnel from usually-sworn-enemy organisations like [[ISDA]], [[ICMA]], [[ISLA]] and [[FIA]], who convened for a beautiful moment of no-mans-land-Christmas-football in 2015 to formulate the [[Article 15 SFTR disclosure document]], a fifteen-page, 5,000 word exercise in stating the bleeding obvious.


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