U.S. Federal Trade Commission building in Washington, D.C. Photo: Diego M. Radzinschi/ALM.

A divided Federal Trade Commission (FTC) on Tuesday finalized a rule prohibiting employers from imposing non-compete agreements on their workers, a controversial regulation that global tax services provider Ryan greeted by filing suit in a Texas federal court saying the FTC's action exceeds its statutory authority.

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Maydeen Merino

Maydeen Merino is a regulatory reporter, covering the DOJ, FTC, SEC and EPA. She can be reached at [email protected].