They’re also pretty sure a fair amount of their colleagues have an elastic view of securities laws.

Almost half of hedge-fund professionals believe their competitors are engaged in illegal activity and more than a third say they have felt pressure to break rules at work, according to an online survey released Tuesday. Meanwhile, 30% of respondents said they had witnessed misconduct on the job. The survey, conducted by the polling organization ORC International, reflects the views of 127 hedge-fund industry professionals over the age of 18.

[Deal Journal, FINalternatives]

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Comments (8)

  1. Posted by DingALing | April 3, 2013 at 5:47 PM

    What hedge fund is run by people less than 18 years old is my question. Also, what qualifies as "misconduct"? Insider trading misconduct or lighting someones balls on fire misconduct? Very dfiferent things here

  2. Posted by Guest | April 3, 2013 at 6:17 PM

    Staring for too long at the downblouse sighting offered by your summer intern when she bends over to hand you your coffee.

  3. Posted by YouThinkIAmFunny | April 3, 2013 at 6:47 PM

    "The men at the cabstand were not like anyone else from the neighborhood," Pileggi wrote. "He had watched them double-park their cars and never get tickets, even when they parked smack in front of a fire hydrant."

  4. Posted by Danker_Banker | April 3, 2013 at 6:47 PM

    The more insinuation of dirty dealings to gain unfair advantage, the more LP's are quietly increasing their allocations to HF's. And why not?

  5. Posted by Car Ramrod | April 3, 2013 at 9:58 PM

    Or lighting someone's country music award on fire?

  6. Posted by Yaniv Vaknin | April 4, 2013 at 3:53 AM

    So are 90% of the public. what's your point?

    Tell us something we don't already know.

  7. Posted by Guest | April 4, 2013 at 10:32 AM

    I have no concerns here.

  8. Posted by guest | April 4, 2013 at 1:30 PM

    This is not an insider info. at all everyone knows who you are and hence its okay