<!-- mobian-agent-page publisher="time" canonical="https://time.com/3886312/wall-street-ethics/" -->

---
description: A new survey of Wall Street ethics finds widespread pressure to violate laws on ethics to get ahead
title: New Survey Confirms What Everybody Hates About Wall Street
image: https://static.time.com/v3/assets/bltea6093859af6183b/bltb45d2562e2d5e97f/69884f47a988ca2a106b27b2/180781027.jpg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
---

![](https://static.time.com/v3/assets/bltea6093859af6183b/bltb45d2562e2d5e97f/69884f47a988ca2a106b27b2/180781027.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9)

* [Business](/section/business/)  
## Business  

Update your preferences in [Account Settings](/account/preferences/)  
Close
* [Banking](/tag/banking/)  
## Banking  

Update your preferences in [Account Settings](/account/preferences/)  
Close

# New Survey Confirms Exactly What Everybody Hates About Wall Street


![Dan Kedmey](https://static.time.com/v3/assets/bltea6093859af6183b/blt1fcb9e8a614ad0c9/6986a6b3d0b6f22eb2306735/dan-kedmey-time.jpg?branch=production&width=3840&quality=75&auto=webp&crop=1:1)

by 

[Dan Kedmey](/author/dan-kedmey/)


![Dan Kedmey](https://static.time.com/v3/assets/bltea6093859af6183b/blt1fcb9e8a614ad0c9/6986a6b3d0b6f22eb2306735/dan-kedmey-time.jpg?branch=production&width=96&quality=75&auto=webp)

## Dan Kedmey


Update your preferences in [Account Settings](/account/preferences/)

Close

May 19, 2015 1:16 PM CUT

![Five Years After Start Of Financial Crisis, Wall Street Continues To Hum](https://static.time.com/v3/assets/bltea6093859af6183b/bltb45d2562e2d5e97f/69884f47a988ca2a106b27b2/180781027.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

A street sign for Wall Street hangs outside the New York Stock Exchange on September 16, 2013 in New York City.=

A street sign for Wall Street hangs outside the New York Stock Exchange on September 16, 2013 in New York City.=John Moore—Getty Images

![Dan Kedmey](https://static.time.com/v3/assets/bltea6093859af6183b/blt1fcb9e8a614ad0c9/6986a6b3d0b6f22eb2306735/dan-kedmey-time.jpg?branch=production&width=3840&quality=75&auto=webp&crop=1:1)

by 

[Dan Kedmey](/author/dan-kedmey/)


![Dan Kedmey](https://static.time.com/v3/assets/bltea6093859af6183b/blt1fcb9e8a614ad0c9/6986a6b3d0b6f22eb2306735/dan-kedmey-time.jpg?branch=production&width=96&quality=75&auto=webp)

## Dan Kedmey


Update your preferences in [Account Settings](/account/preferences/)

Close

May 19, 2015 1:16 PM CUT

Wall Street bankers are feeling a greater willingness to violate laws and ethics to get ahead, according to a new survey that finds no discernible impact from years of record fines and tightened regulations.

One-quarter of respondents said they would violate insider trading laws to make a $10 million return as long as they knew they wouldn’t get caught, according to a [survey](http://www.secwhistlebloweradvocate.com/LiteratureRetrieve.aspx?ID=224757 "undefined") of 1,200 financial professionals conducted by University of Notre Dame at the behest of the law firm Labaton Sucharow. That was actually a slight uptick from the previous survey, when the percentage stood at 24%.

Respondents weren’t exactly impressed with regulatory oversight either. Nearly half deemed the regulatory agencies ineffective at detecting and prosecuting illicit behavior.

```json
[{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3886312/wall-street-ethics/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3886312/wall-street-ethics/"},"headline":"New Survey Confirms Exactly What Everybody Hates About Wall Street","datePublished":"2015-05-19T13:16:34.000Z","dateModified":"2026-02-22T07:26:39.769Z","description":"Almost a quarter of bankers said they'd break the rules","url":"https://time.com/3886312/wall-street-ethics/","keywords":["Banking","wall street","Banks","Ethics"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltb45d2562e2d5e97f/69884f47a988ca2a106b27b2/180781027.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Dan Kedmey","jobTitle":null,"url":"https://time.com/author/dan-kedmey/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltb45d2562e2d5e97f/69884f47a988ca2a106b27b2/180781027.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Five Years After Start Of Financial Crisis, Wall Street Continues To Hum","caption":"Five Years After Start Of Financial Crisis, Wall Street Continues To Hum","creditText":"John Moore—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/banking/","name":"Banking"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3886312/wall-street-ethics/","name":"New Survey Confirms Exactly What Everybody Hates About Wall Street"}}]}]
```
