An Executive Order “encourages” the FTC to “curtail the unfair use of non-compete clauses …that unfairly limit worker mobility.” Does this mean you can no longer use non-compete agreements? The order merely encourages government oversight, but doesn’t mandate. Nonetheless, be sure to have any non-compete agreement reviewed by an attorney. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
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BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.