Wall Street pros are increasingly willing to break the law to make a buck, according to a new survey out Tuesday morning.
A whopping 25% of respondents answering a survey from Labaton Sucharow and the University of Notre Dame admitted they would illegally use non-public information to make a $US10 million gain, if they knew there was no chance they’d get caught.
In 2013, that number was only 24%.
Men are more likely to break the law to make a buck, than women, according to the study: 27% of males said they would take the risk to make $US10 million, compared to 22% of women.
This disparity is even more pronounced in the UK: more than one-third of males admitted they would break the law for a financial windfall, compared to just 23% of women.
Younger employees were more likely to make big risks to make big gains: 32% of those with less than a decade of experience also said they would likely engage in insider trading to make $US10 million in gains, if they knew they wouldn’t get caught.
The survey also concluded that 17% of respondents believe it is “unlikely” top bosses would tell enforcement about illegal activity.