IDTA | News

October 29, 2026

Risk.net: Non-bank dealers urge rethink on FICC default fund reshuffle

James Tabacchi, Chair of the Independent Dealer and Trader Association (IDTA) and Chief Executive Officer of South Street Securities Holdings Inc., was quoted in Risk.net’s “Non-Bank Dealers Urge Rethink on FICC Default Fund Reshuffle” by Paulina Pielichata, as non-bank dealers raise concerns over FICC’s proposed default fund changes ahead of the SEC’s clearing mandate.