IRS, FTC, CFPB Workplace Compliance News & Resources
All employers are responsible for reporting income and collecting and remitting withholding taxes, so it’s important to understand any changes that they will need to implement with their payroll system.
Here is the latest news from the Internal Revenue Service (IRS), Federal Trade Commission (FTC), and Consumer Financial Protection Bureau (CFPB). Be sure to seek legal counsel when you’re looking for how these changes will directly impact your business.
Past IRS Workplace Compliance News
Who: All employers
When: Appeal filed on October 18, 2024; monitor
On October 18, 2024, the Federal Trade Commission (FTC) filed an appeal with the Fifth Circuit Court of Appeals after Texas federal court judge Ada Brown set aside the FTC Noncompete Rule for all employers nationwide on August 20, 2024. The court stated that the FTC had exceeded its authority by creating the rule and that the rule was arbitrary and capricious. The ruling means that U.S. employers do not have to comply with the noncompete rule that went into effect on September 4, 2024, which effectively banned the use of noncompete clauses in employment contracts.
Though employers can still use noncompete clauses for now, the outcome of this case could reinstate the ban.
How:
- Review your restrictive covenants to ensure they comply with state laws.
- Monitor for the outcome of the FTC appeal.
Additional Resources:
Who: All employers
When: Effective immediately
On August 14, 2024, Florida judge Timothy Corrigan blocked the Federal Trade Commission’s (FTC) ban on employee noncompete agreements (the “Noncompete Rule”) only for the plaintiffs in the case—stating that the FTC had acted outside of its statutory authority—but did not issue a nationwide injunction for all employers. In a separate lawsuit, Pennsylvania judge Kelley B. Hodge ruled on July 23, 2024, in favor of the Noncompete Rule. On August 20, 2024, Texas federal court judge Ada Brown set aside the FTC Noncompete Rule for all employers nationwide after having initially blocked it only for the plaintiffs in the case. The court indicated that the FTC had exceeded its authority by creating the rule and that the rule was arbitrary and capricious.
Due to this ruling, employers no longer have to comply with the Noncompete Rule, which was to take effect on September 4, 2024, and required employers to rewrite their employment agreement templates and provide notices to employees that their noncompete agreements were unenforceable. Employers can continue to use and enforce noncompete agreements in accordance with the applicable state laws.
How: Monitor for the FTC to appeal the ruling to the Fifth Circuit Court of Appeals.
Additional Resources:
Who: All employers
When: Effective September 4, 2024
On April 23, 2024, the Federal Trade Commission (FTC) voted to approve a Final Rule that bans noncompete agreements for all employers. A noncompete clause prevents employees from engaging in competitive activities for a period of time after leaving an organization. The Final Rule bans any new noncompete agreements with workers on or after the effective date and requires employers to notify workers that existing noncompete provisions are invalid.
There are narrow exceptions to the ban, including noncompete clauses associated with the sale of a business. The Final Rule allows for the continuance of existing noncompete agreements for all current senior executives, defined as employees who earn $151,164 annually and make policy decisions. The FTC states that banning noncompete agreements can lower healthcare costs, increase the number of new businesses, raise innovation and higher wages, and protect workers who want to change jobs.
On July 3, 2024, a Texas Federal judge blocked the Federal Trade Commission’s (FTC) Final Rule on noncompete agreements, which is set to go into effect September 4, 2024. The plaintiffs argued that the FTC did not have the authority to create the ban. The injunction applied only to the plaintiffs in that specific case. The judge will consider the merits of the law and decide whether to issue a nationwide injunction by August 30, 2024.
In a separate lawsuit brought in the U.S. District Court for the Eastern District of Pennsylvania, the judge denied the motion to enjoin the FTC’s ban on noncompete agreements on July 23, 2024, holding that the FTC does have legal authority to impose the ban.
Employers can use other alternative agreements, such as non-solicitation and nondisclosure clauses, that prevent the sharing or leak of confidential information and trade secrets. If the non-solicitation or nondisclosure agreement is disguised as a noncompete agreement, it will not be enforceable under the ban. The FTC ruling supersedes state laws that prohibit noncompete agreements, unless the state law provides greater protections.
Employers should prepare for the ban to go into effect while monitoring developments in legal challenges. By September 4, 2024, employers must notify current and former workers that the noncompete clauses they were subject to are invalid. The notice must be hand delivered, emailed, mailed, or sent via text message. Model notices are available on the FTC website.
How:
- Review your noncompete agreements and restrictive covenants and update them to comply with the law.
- Prepare a notice to give to current and former workers by September 4, 2024, that explains that noncompete clauses are now void and unenforceable.
- Through written policies and training, periodically remind employees of their ongoing duty not to disclose the company’s proprietary information and/or trade secrets.
- Consult legal counsel to ensure compliance.
- Continue to monitor the legal challenges to the final ruling.
Additional Resources:
Who: Employers with self-insured health insurance plans
When: Due by July 31, 2023
Internal Revenue Code Sections 4375 and 4376 impose fees on issuers or sponsors of self-insured health insurance plans. The fees fund the Patient-Centered Outcomes Research Institute (PCORI).
The fee for policy years and plan years ending on or after October 1, 2022, and before October 31, 2023, is $3.00 per covered life, up from $2.79 for the previous plan year. The agency calculates the fee based on the average number of lives covered under the policy or plan.
Employers must submit the fee to the IRS annually, along with IRS Form 720, the Quarterly Federal Excise Tax Return.
How:
- Submit your PCORI fees and Form 720 to the IRS by July 31, 2023.
Additional Resources:
Who: Employers who provide employer-sponsored healthcare plans; employers that offer self-insured health benefits
When: Reports due by March 2, 2023
On December 12, 2022, the Internal Revenue Service (IRS) permanently extended the deadline for Forms 1095-B and 1095-C that are required under the Affordable Care Act (ACA). Insurance companies, self-insured plans, and applicable large employers must file these forms, which attest that employees and covered individuals were offered “minimal essential coverage” as defined by the ACA.
Employers now have an additional 30 days to furnish these forms to covered individuals; the new deadline is March 2 every year. If the date falls on a weekend or holiday, the due date is the next business day.
The deadline extension does not apply to Forms 1094-B and 1094-C that employers must file with the IRS. Those deadlines are February 28 for paper filing and March 31 for electronic filing.
The IRS has also made permanent an alternative method of offering notice to non-full-time employees and non-employees when the shared responsibility penalty is $0. In those cases, the employer is deemed to be in compliance if they post a “clear and conspicuous” notice on their website through October 15 of the year following the calendar year to which the forms relate, stating that individuals may receive a copy of the form upon request. The notice must conform to other specific requirements as detailed in the final rule.
Lastly, the final rule eliminates the good faith relief from penalties for reporting incorrect or incomplete information on the forms and returns. The penalty is $290 per return.
How:
- Furnish the 1095-B and 1095-C forms to individuals before the March 2, 2023, deadline.
- Carefully complete and review all forms before filing to avoid penalties.
- Be mindful of other states that have their own mandates and reporting requirements.
- Consult with legal counsel if questions arise before filing these forms.
Additional Resources:
About Form 1095-B, Health Coverage
About Form 1095-C, Employer-Provided Health Insurance Offer and Coverage
Who: All employers
When: Effective immediately
On December 29, 2022, the Internal Revenue Service (IRS) increased the standard mileage rate for business use of a vehicle from 62.5 cents to 65.5 cents, effective January 1, 2023. For qualified active-duty members of the Armed Forces, the rate is .22 cents per mile for medical or moving purposes. For miles driven in service of charitable organizations, the rate remains unchanged at .14 cents per mile.
How: Review your policies and procedures to ensure compliance with the new rates.
Additional Resources:
Who: All employers in the renewable energy and energy transition industries
When: Effective January 29, 2023
On November 30, 2022, the IRS published guidance on how to satisfy the prevailing wage and apprenticeship requirements (PWA Notice) in the Federal Register. The guidance will become official 60 days after publication on January 29, 2023. It describes how to identify the applicable prevailing wage for a specific geographic area and job classification on the Department of Labor’s sam.gov website, participation requirements for apprentices, and recordkeeping requirements.
The prevailing requirements are applicable to builders, developers, and owners of clean energy facilities. Prevailing wage and apprenticeship requirements are applicable to construction projects started before January 29, 2023.
Meeting the requirements allows taxpayers to take advantage of certain enhanced tax benefits under the Inflation Reduction Act. The purpose is to drive investment in renewable energy and create good-paying jobs with strong labor protections.
How:
- Update your internal policies and documentation as needed to comply with the new requirements.
Additional Resources:
Who: All employers
When: Effective immediately
On October 18, 2022, the Internal Revenue Service (IRS) announced an inflation-indexed increase in the healthcare flexible spending accounts (FSA) employee contribution limit from $2,850 in 2022 to $3,050 in 2023. An FSA is an arrangement between an employee and an employer that lets the employee pay for many out-of-pocket medical expenses with tax-free payroll deductions. Some of the covered expenses include insurance copayments and deductibles, some prescription drugs, and medical devices.
For cafeteria plans that allow a carryover of unused funds from 2023 to 2024, the maximum carryover amount is $610.
How:
- Update your employee handbook and HR manual with the new 2023 FSA limits.
- Include information on the 2023 FSA limit in your company health plan open enrollment communications
Additional Resources:
Who: All employers
When: Effective immediately
On October 21, 2022, the Internal Revenue Service (IRS) announced an inflation-indexed increase in the cap on 401(k) contributions in 2023. The cap is $22,500 for 2023. Plan participants who are 50 years or older in 2023 may contribute an additional $7,500.
A 401(k) is an employer-provided retirement saving and investing plan that gives employees a tax break on their contributions to the plan. The employer automatically withdraws employee contributions from their paychecks and invests that money, plus any funds the employer is contributing, in the fund the employee chooses from a list of available options.
The IRA contribution limit increased to $6,500 for 2023.
How:
- Update the contribution thresholds in your employee handbook and payroll system as needed.
Additional Resources:
Who: Employers with self-insured health insurance plans
When: Due August 1, 2022
What: Internal Revenue Code Sections 4375 and 4376 impose fees on issuers or sponsors of self-insured health insurance plan. The fees fund the Patient-Centered Outcomes Research Institute (PCORI). The fee for policy years and plan years that end on or after October 1, 2021, and before October 1, 2022, is $2.79 per covered life, calculated based on the average number of lives covered under the policy or plan. For plan years ending on or after October 1, 2020, and before October 1, 2021, the fee is $2.66 per covered life.
Employers must submit the fee to the IRS annually, along with Form 720, the Quarterly Federal Excise Tax Return.
How:
- Submit the fee and Form 720 to the IRS by August 1, 2022.
Additional Resources:
Who: All employers
When: Effective immediately
What: On April 29th, 2022, the Internal Revenue Service (IRS) published Revenue Procedure 2022-24, which increases the maximum contributions for 2023 to health savings accounts (HSAs) to account for inflation. The maximum contribution amount for self-only coverage is increasing from $3,650 to $3,850 in 2023. The maximum contribution amount for family coverage is increasing from $7,300 to $7,750 in 2023.
The maximum out-of-pocket amounts for-qualified high-deductible health plans (HDHPs) increased to $7,500 for self-coverage and $15,000 for family coverage. The minimum annual deductible for HDHPs is $1,500 for individuals and $3,000 for families. The health savings account (HSA) catch-up contribution for 2023 for those 55 and older remains the same at $1,000.
How:
- Inform employees about the new health plan savings account (HSA) and high-deductible health plan (HDHP) contribution limits amount for 2023
- Incorporate the new health plan savings account (HSA) and high-deductible health plans (HDHP) contribution limits into open enrollment materials, plan documents, and summary plan descriptions.
Additional Resources:
Who: Employers who provide employer-sponsored healthcare plans; employers that offer self-insured health benefits
When: Forms due to employees by March 2, 2022
What: The Internal Revenue Service (IRS) has issued a proposed rule that permanently extends the deadline for employers to file Forms 1095-B and 1095-C. The forms provide information about whether employer-sponsored health insurance plans meet Affordable Care Act (ACA) requirements for minimum coverage.
Employers can rely on the 30-day extension before the proposed rule takes effect, meaning the deadline for providing the forms to employees is March 2, 2022. That deadline will be the same each year, unless the date falls on a weekend or holiday, in which case the due date will be the next business day.
The due dates for submitting the forms to the IRS have not changed. Paper forms are due by February 28, 2022, and electronic forms are due March 31, 2022.
In an effort to ease the administrative burden of the reporting requirement, the proposed regulations would allow employers to avoid sending the forms directly to certain individuals. Instead, they may prominently post a notice on their website that announces the availability of Forms 1095-B or 1095-C to:
- Health plan participants employed by health insurance issuers or governmental agencies,
- Part-time employees of self-insured employers, and
- Non-employees (e.g., former employees) of self-insured employers.
Those employees are exempted from the direct reporting requirements because their individual shared responsibility payment is currently $0, and they do not need the forms for tax reporting.
Employers should note that state reporting deadlines may differ from the IRS deadlines.
How:
- Update your policies and procedures to account for the new reporting deadline and website notification, as applicable.
Additional Resources:
Who: All employers
When: Effective January 1, 2022
What: The Internal Revenue Service announced new, inflation-adjusted limits for health savings accounts (HSAs), effective January 1, 2022. The annual contribution limit for an individual with self-only coverage under a high-deductible health plan is increasing by $50 to $3,650. For an individual with family coverage under a high-deductible health plan, the annual contribution limit is increasing by $100 to $7,300.
How:
- Update your payroll and plan administration systems and your plan documents to reflect the new limits.
Additional Resources:
26 CFR 601.602: Tax forms and instructions. Rev. Proc. 2021-25
Past FTC Workplace Compliance News
Who: All employers
When: Effective September 4, 2024
On April 23, 2024, the Federal Trade Commission (FTC) voted to approve a Final Rule that bans noncompete agreements for all employers. A noncompete clause prevents employees from engaging in competitive activities for a period of time after leaving an organization. The Final Rule bans any new noncompete agreements with workers on or after the effective date and requires employers to notify workers that existing noncompete provisions are invalid.
There are narrow exceptions to the ban, including noncompete clauses associated with the sale of a business. The Final Rule allows for the continuance of existing noncompete agreements for all current senior executives, defined as employees who earn $151,164 annually and make policy decisions. The FTC states that banning noncompete agreements can lower healthcare costs, increase the number of new businesses, raise innovation and higher wages, and protect workers who want to change jobs.
On July 3, 2024, a Texas Federal judge blocked the Federal Trade Commission’s (FTC) Final Rule on noncompete agreements, which is set to go into effect September 4, 2024. The plaintiffs argued that the FTC did not have the authority to create the ban. The injunction applied only to the plaintiffs in that specific case. The judge will consider the merits of the law and decide whether to issue a nationwide injunction by August 30, 2024.
In a separate lawsuit brought in the U.S. District Court for the Eastern District of Pennsylvania, the judge denied the motion to enjoin the FTC’s ban on noncompete agreements on July 23, 2024, holding that the FTC does have legal authority to impose the ban.
Employers can use other alternative agreements, such as non-solicitation and nondisclosure clauses, that prevent the sharing or leak of confidential information and trade secrets. If the non-solicitation or nondisclosure agreement is disguised as a noncompete agreement, it will not be enforceable under the ban. The FTC ruling supersedes state laws that prohibit noncompete agreements, unless the state law provides greater protections.
Employers should prepare for the ban to go into effect while monitoring developments in legal challenges. By September 4, 2024, employers must notify current and former workers that the noncompete clauses they were subject to are invalid. The notice must be hand delivered, emailed, mailed, or sent via text message. Model notices are available on the FTC website.
How:
- Review your noncompete agreements and restrictive covenants and update them to comply with the law.
- Prepare a notice to give to current and former workers by September 4, 2024, that explains that noncompete clauses are now void and unenforceable.
- Through written policies and training, periodically remind employees of their ongoing duty not to disclose the company’s proprietary information and/or trade secrets.
- Consult legal counsel to ensure compliance.
- Continue to monitor the legal challenges to the final ruling.
Additional Resources:
Who: All employers
When: 120 days after publication in the Federal Register
On April 23, 2024, the Federal Trade Commission (FTC) voted to approve a final rule that bans noncompete agreements between U.S. employers and employees. A noncompete clause prevents employees from engaging in competitive activities for a period of time after leaving an organization. There is an exception for existing noncompete agreements that apply to senior executives, who are defined as employees that earn $151,164 annually and make policy decisions. Business sales are also exempt from noncompete agreements. All other noncompete agreements become unenforceable 120 days after publication of the final rule, and no new noncompete agreements are allowed.
With this ruling, the FTC intends to promote competition, protect workers who want to change jobs, and increase the number of new businesses. The agency believes the ban will result in lower health care costs, increased innovation, and higher average wages.
Current state laws that prohibit noncompete agreements are preempted by this ruling unless the state law offers more protection. Non-solicitation and nondisclosure clauses are still allowed to prevent the sharing or leak of confidential information and trade secrets. If the non-solicitation or nondisclosure agreement is actually a disguised noncompete agreement, it is not enforceable.
Employers must notify current employees and former employees that noncompete agreements are no longer enforceable. The notice must be hand delivered, emailed, mailed, or sent via text message. The FTC published model notices.
The U.S. Chamber of Commerce and businesses have filed lawsuits against the FTC to challenge the final rule.
How:
- Review your noncompete agreements and restrictive covenants to ensure compliance with the law.
- Provide a notice to current and former employees.
- Consult legal counsel to ensure compliance.
- Continue to monitor for legal challenges to the final ruling.
Additional Resources:
Fact Sheet on the FTC’s Noncompete Rule
The Federal Trade Commission (FTC) voted to amend and expand the Safeguards Rule to require non-banking financial institutions, like dealerships, to report data security breaches.
Data Security Breaches Affecting 500+ People Must Be Reported to FTC
The amendment states that organizations subject to the Safeguards Rule will have to notify the FTC within 30 days after the discovery of a data security breach that includes the information of at least 500 consumers.
This includes a notification to the FTC if unencrypted customer information has been accessed without authorization by the impacted consumers. That notice must include specific information about the event, including the number of impacted or those potentially impacted.
Background
In 2021, final amendments were issued and updated in the Safeguards Rule. Those amendments took effect in January 2022, with a compliance date by this past June. Those amendments didn’t include a data breach reporting requirement.
Later in 2021, the agency separately issued a proposal to amend the Rule to include this data breach reporting requirement. Following a public comment period, the agency has been reviewing those responses.
What Happens Now?
Once this amendment is published in the Federal Register, it will take effect 180 days from the publish date.
KPA will continue to monitor this topic and inform you as we learn more.
If you use KPA or ComplyNet’s Safeguards solutions, we will update your policies and procedures to reflect any changes.
If you don’t have a solution in place now, schedule time to talk to us about how we can help you in the case of a cybersecurity breach. You will need to review your current Privacy & Safeguards solutions and ensure that you are prepared in the case of a cybersecurity breach.
Who: All employers
When: Effective immediately
On April 25, 2023, the Federal Trade Commission (FTC), the Civil Rights Division of the U.S. Department of Justice (DOJ), the Consumer Financial Protection Bureau (CFPB), and the U.S. Equal Employment Opportunity Commission (EEOC) jointly released an official statement on their efforts to address discrimination and bias when using automated systems. They define automated systems as software and algorithmic processes, which includes artificial intelligence (AI).
The statement warns that automated systems can perpetuate unlawful bias and discrimination when applied to credit decisions, housing availability, and employment opportunities. The statement gives an overview of each agency’s position on the use of AI and links to key AI-related documents published by each agency. The statement summarizes sources of potential discrimination and bias, including:
- Insufficient or faulty data and datasets,
- Lack of transparency in how the system works, and
- Faulty design and use.
The agencies concluded by saying that they will use their collective authority to protect individuals’ rights.
How:
- Evaluate automated decision-making outcomes for potential bias and discriminatory impact.
- Control for biases in training datasets.
- Enhance your risk-assessment and compliance-management systems as needed to detect, remediate, and prevent risks stemming from use of automated systems.
- Review how you will use automated systems going forward.
Additional Resources:
Joint Statement on Enforcement Efforts Against Discrimination and Bias in Automated Systems
Who: All employers
When: Comment by March 10, 2023
On January 5, 2023, the Federal Trade Commission (FTC) proposed a rule that would invalidate existing post-employment non-compete agreements between employers and employees and ban all future non-compete agreements. The agency is seeking public comment on the proposed rule until March 10, 2023. The FTC will review the comments and consider making changes before publishing the final rule.
The rule applies to independent employees, contractors, volunteers, and interns. The purpose is to prevent restrictions on the mobility of workers and consequently increase wages and career opportunities for workers nationwide. The FTC released a fact sheet that provides information on the proposed rule.
The FTC defines a non-compete clause as “a contractual term between an employer and a worker that prevents the worker from seeking or accepting employment with a person or operating a business, after the conclusion of the worker’s employment with the employer.” Non-disclosure and customer non-solicitation clauses that are too broad would be covered under this definition, as would clauses that require repayment of the employer’s third-party training costs if the worker’s employment terminates within a specified period and the payment is not reasonably related to the costs incurred for the training.
Exceptions to the proposed ban on non-compete clauses would include agreements between a franchisor and franchisee and between the buyer and seller of a business entity or a person’s ownership interest in a business entity. Another exception is between the buyer and seller of the assets of a business entity under certain limited conditions.
If adopted, employers must rescind existing post-employment non-compete clauses and notify current and former employees of the rescission within 45 days. Employers should also be mindful of state laws that offer greater protections than the FTC’s proposed rule.
How:
- Comment on the proposed rule by March 10, 2023.
- Monitor for publication of the final rule.
- Consider preparing for the implementation of the final rule by preparing a database of non-compete agreements with current and former employees and developing a plan for how you will notify said employees.
Additional Resources:
FACT SHEET: FTC Proposes Rule to Ban Noncompete Clauses, Which Hurt Workers and Harm Competition
Past CFPB Workplace Compliance News
Who: All employers
When: Effective immediately
On April 25, 2023, the Federal Trade Commission (FTC), the Civil Rights Division of the U.S. Department of Justice (DOJ), the Consumer Financial Protection Bureau (CFPB), and the U.S. Equal Employment Opportunity Commission (EEOC) jointly released an official statement on their efforts to address discrimination and bias when using automated systems. They define automated systems as software and algorithmic processes, which includes artificial intelligence (AI).
The statement warns that automated systems can perpetuate unlawful bias and discrimination when applied to credit decisions, housing availability, and employment opportunities. The statement gives an overview of each agency’s position on the use of AI and links to key AI-related documents published by each agency. The statement summarizes sources of potential discrimination and bias, including:
- Insufficient or faulty data and datasets,
- Lack of transparency in how the system works, and
- Faulty design and use.
The agencies concluded by saying that they will use their collective authority to protect individuals’ rights.
How:
- Evaluate automated decision-making outcomes for potential bias and discriminatory impact.
- Control for biases in training datasets.
- Enhance your risk-assessment and compliance-management systems as needed to detect, remediate, and prevent risks stemming from use of automated systems.
- Review how you will use automated systems going forward.
Additional Resources:
Joint Statement on Enforcement Efforts Against Discrimination and Bias in Automated Systems
Who: All employers
When: By March 20, 2024
The Consumer Financial Protection Bureau (CFPB) released an updated “A Summary of Your Rights Under the Fair Credit Reporting Act” notice on March 17, 2023. The notice explains how the Fair Credit Reporting Act (FCRA) protects consumers’ credit information. Changes include updated contact information for federal agencies, deletion of obsolete businesses, and formatting corrections.
In compliance with the federal FCRA, employers must provide notice to applicants before completing a background check and when taking an adverse employment action in response to a background check. Employers do not need to give the updated notice to employees that have already received the notice.
The CFPB’s final rule became effective on April 19, 2023, and the compliance deadline for starting to use the updated notice is March 20, 2024.
How:
- Update your “A Summary of Your Rights Under the Fair Credit Reporting Act” notice.
- Monitor the CFPB website for an additional updated notice with corrected typos.
Additional Resources:
A Summary of Your Rights Under the Fair Credit Reporting Act
Who: All employers
When: Comments due April 19, 2023
On January 5, 2023, the Federal Trade Commission (FTC) proposed a rule that would invalidate existing post-employment non-compete agreements between employers and employees and ban all future non-compete agreements. The agency extended the deadline for public comment on the proposed rule from March 20, 2023, to April 19, 2023. The FTC will review the comments and consider making changes before publishing the final rule.
The rule applies to employees, independent contractors, volunteers, and interns. The purpose is to prevent restrictions on the mobility of workers, which the FTC estimates will increase wages and career opportunities for workers nationwide. The FTC released a fact sheet that provides information on the proposed rule.
If the proposed rule is adopted, employers must give notice to all current and former employees within 45 days of rescinding post-employment noncompete clauses.
How:
Additional Resources:
Non-Compete Clause Rulemaking
FACT SHEET: FTC Proposes Rule to Ban Noncompete Clauses, Which Hurt Workers and Harm Competition
Regulations.gov