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
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…