A recent ruling by a U.S. District Court judge in Texas has halted the implementation of a Federal Trade Commission (FTC) regulation that aimed to prohibit noncompete agreements within the mortgage and real estate sectors. The decision has significant implications for industry professionals and companies relying on these agreements for protection and competitiveness.
– U.S. District Court judge in Texas blocks FTC rule on noncompete agreements
– Noncompete agreements are widely used in mortgage and real estate industries
– Ruling impacts professionals and companies within these sectors reliant on such agreements for protection and competitiveness
– Decision raises questions about future regulatory actions and potential legal challenges in the industry
You can read this full article at: https://www.housingwire.com/articles/judge-tosses-ftc-rule-banning-noncompetes-cites-lack-of-authority/(subscription required)
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