Actually in the world of Archery there are 4 Big and International Archery Federation, IBO, FITA, IFAA, ASA(this principally only in USA) all with very different rules about maximum speed.
With the IBO 280 fps or 5grs/lbs the average is good, but some people with long draw lenght and very strong are advantaged due to small shooter with short DL. (during last World FITA 3DI some people had shooted with 330 fps and some 280, 50 fps are already toomuch.
IFAA had ruled maximum 300 fps speed, stop.
FITA in tournament rule has 60 lbs and no max speed.
ASA had 280 fps, stop.
It is already a dream that all the Federation, about speed, will made one only rule?