I believe their plan is to offload the risk to the chains. I've been asked by several firms if I would be interested in joining them - so I assume that want to lock up their assets on the chain or want to offload risk to it. I'm more keen on the latter.
Still - nobody make any sudden moves and we'll ride out what remaining value we can squeeze.
Retail investors, as usual, will be worst hit (I say this as a European with no stake in US stocks).