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Wall Street (Delicately) Pushes Back on FTC's Planned Ban of Non-competes

www.capitolaccountdc.com

Wall Street (Delicately) Pushes Back on FTC's Planned Ban of Non-competes

Also, Chamber of Commerce tells Powell to slow down on new bank rules; SEC issues new Reg BI guidance

Apr 20, 2023
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Wall Street (Delicately) Pushes Back on FTC's Planned Ban of Non-competes

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The Federal Trade Commission’s proposed ban on non-compete clauses has proved to be overwhelmingly popular with workers of all stripes – but a lot less so with bosses. That’s especially true in the finance industry, where the contracts are routinely used to lock up highly paid talent and protect intellectual property like trading algorithms. Hundreds, i…

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