International Trade Today is a Warren News publication.

RDOF Coalition Urges FCC to Adopt Letter of Credit Waiver

A coalition of Rural Digital Opportunity Fund Phase I auction winners asked the FCC to adopt a similar waiver that NTIA released regarding the letter of credit (LOC) requirements for the broadband, equity, access, and deployment program. The group said…

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

in a meeting with an aide to Commissioner Brendan Carr that relief is "urgently needed because major banks are getting their Weiss safety ratings downgraded," according to an ex parte filing Tuesday in docket 19-126. RDOF winners "should not be forced to expend significant costs in playing a constant game of 'musical chairs' with the banks they use for their LOCs," the coalition said.