It is not uncommon in stock market circles to hear murmurs of protest about company executives spending time and money on Association activities. Industry bodies do not produce tangible or direct results every quarter! It is true that significant resources can be lost in doing work for an Association on individual company time, and perhaps all members may not contribute in equal measure, ...
Companies that compete for funds in order to generate profits, are a driving force behind the stock market system. Although government securities cannot match the value appreciation potential of private professionally managed ventures, the risks of backing a government entity are likely to be minimal.