Search Results for keywords:"performance standards"

The Federal Communications Commission (FCC) has announced that the Office of Management and Budget (OMB) approved information collection associated with the Connect America Fund rules. These rules are part of an effort to support broadband internet development in areas with high costs. Carriers receiving support must now report their broadband network performance, including speed and latency, quarterly rather than annually. The revised requirements, which focus on ensuring carriers comply with performance standards, are in effect from February 24, 2025.

The Cboe BZX Exchange, Inc. has proposed a rule change to adjust its fee structure for Lead Market Makers (LMMs) on its equities trading platform. The new fee schedule aims to provide better incentives for LMMs who meet specific performance standards, particularly those handling lower daily auction volumes of securities. The proposed changes include reducing payments for high-volume securities while increasing incentives for securities with lower trading volumes. The Exchange believes these adjustments will help remain competitive in the market and enhance the quality of the trading environment for exchange-traded products (ETPs) listed on Cboe BZX.