It's funny to me what regulations catch the attention of the small- and mid-sized business owners who are my clients.

Some know that new rules from the Department of Labor (DOL) may require them to make their independent contractors employees. Others are familiar with another rule from the Department of Labor that will require them to pay more overtime wages later this year. But few are aware of new harassment regulations from the Equal Employment Opportunity Commission that make them responsible for their employees’ behavior both in and out of the office. And even fewer know about the Corporate Transparency Act, which will require millions of entities to disclose their "beneficial owners" to the government by year end or face stiff penalties.

All of these Biden administration rules place more burdens on businesses, whether they realize it or not. But there’s one new ruling from the administration everyone seems to know about: last month's announcement about the pending ban on non-compete agreements.

The Federal Trade Commission (FTC) has officially stated that — effective sometime in the next four months — companies will no longer be........

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