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The Federation of Americans for Consumer Choice and several co-plaintiffs claim the Department of Labor wants to “fundamentally reshape” settled industry practices.
Attorney Matt Baum breaks down the facts on the latest FTC noncompete rule, the potential impact on an advisor’s business, current agreements, the ability to transition and more.
The Federal Trade Commission's move to outlaw these clauses in contracts could affect millions of Americans. But litigation against the ban is already in motion.
