NTIA
NTIA Drops Weiss Ratings for Letters of Credit
Agency will now approve LOCs from 'well capitalized' banks, or NCUA insured credit unions
5G Wireless
FCC Draft Order Would Loosen RDOF, CAF II Auction Financing Rules
The item would swap out Weiss ratings and let RDOF winner reduce their letters of credit sooner.
FCC
ISPs, Banks Still Want Looser Financing Rules for FCC Subsidy
Some commenters wanted a lower minimum Weiss rating, but many have pushed for a different standard entirely.
FCC
Weiss Ratings Says Banks Spreading 'Misleading' Information
Weiss Ratings has been rating banks for 53 years, according to founder Martin Weiss.
NTCA
Broadband Providers, Bankers Want FCC Not to Rely on Weiss Ratings
USTelecom, NCTA, WISPA, and RDOF winners joined the banking industry in suggesting the agency ditch the standard.
Infrastructure
FCC Looking to Alter Financial Rules to Spur Rural Broadband
At issue is the FCC’s reliance on Weiss ratings to evaluate the safety and soundness of banks that have issued letters of credit to ISPs.
FCC
Bank Groups Continue to Battle FCC Ratings Rule
'Inexplicably, there are currently 108 out of 179 Wisconsin banks with a Weiss safety rating lower than [B minus].'
Texas
FCC Hits Pause On Bank Ratings Firm After Hearing Concerns, Complaints
For one year, FCC won't use Weiss ratings for banks' letters of credit of RDOF, CAF II winners.
