MFA, SIFMA, FIA, and AIC submitted an amicus brief in support of the Properties of the Village, Inc. case against the FTC’s non-compete ban.
The brief makes the following arguments:
- The Rule Would Hurt Competition And Employees In The Financial-Services Industry
- The Rule Exceeds The FTC’s Statutory Authority
The signatories ask the court to grant the motion for a stay of the effective date and a preliminary injunction.
