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In 2010, the ethics content of a federal licensing exam for financial advisers was reduced. www.shutterstock.com

Study finds ethics can be taught – in finance, at least

Investment advisers who passed a licensing exam with more ethics questions were one-fourth less likely to engage in misconduct than those with less ethics training, according to a new study.
United States Sen. Elizabeth Warren questions Wells Fargo CEO John Stumpf, foreground, during congressional hearings into allegations that bank employees opened millions of unauthorized accounts to meet aggressive sales targets. (AP Photo/Susan Walsh)

Memo to Gordon Gekko: Ethics, not greed, boost profits

Unethical corporate behaviour isn’t just embarrassing from a PR standpoint, it can also be unprofitable for firms and their investors.

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