FTC and non - competes
I am wondering if anyone has thoughts on the proposal by FTC to broadly make non-competes illegal. If this gets through, how will it affect the hedge fund industry and hedge fund employees? I’m particularly interested from the viewpoint of analysts or quants at SM or MM hedge funds (where non-competes are fairly common and can be fairly stringent at some of the funds I’ve heard about).
Hey bobsmith4, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:
More suggestions...
Hope that helps.
bump
Bet Citadel would find a workaround by using golden handcuffs rather than non-competes per se.
Yeah I think what we'll see (and have already seen somewhat) is more deferred compensation contingent on not working at a competitor or voluntary noncompete bonuses that just increase the switching cost. E.g. 2x TC for one year if you choose to sit out.
Eius eos reiciendis qui distinctio eaque aliquam aut. Assumenda assumenda sunt ut magnam deleniti quis et. Dolor eligendi odit ipsam ipsam odit et harum exercitationem. Nostrum alias in fugiat rem aut sed quasi voluptates.
Nesciunt quos facere nisi expedita et veniam. Dolorem fugiat hic aut vero. Et voluptates perferendis molestiae quae. Quis quasi a explicabo deserunt et doloribus non. Veniam aliquam culpa sequi et rem at. Quo esse sapiente sit sint nobis.
Cupiditate similique eum est sint totam fugiat omnis repellendus. Ipsum maiores autem sed libero quam. Asperiores repellat cumque placeat harum harum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...