Tuesday, July 24, 2012

The Daily Stat: Many Financial Pros Feel Pressure to Compromise Ethics

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JULY 24, 2012
Many Financial Pros Feel Pressure to Compromise Ethics
30% of financial services professionals say their compensation or bonus plans create pressure to compromise ethical standards or violate the law, according to a survey in the U.S. and UK conducted for the law firm Labaton Sucharow. 22% of female respondents say they'd face retaliation if they reported wrongdoing in the workplace, compared with 12% percent of male respondents.
Source: Professionals Feel Unethical Behavior May Be a Necessary Evil and Have Knowledge of Workplace Misconduct, According to Labaton Sucharow Survey
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