Former managing director at investment firm Jefferies shared confidential client information boasting he would pay off his mortgage if the deal went through A former investment banker has been fined more than £37000 for sharing confidential client information over the WhatsApp messaging service.
The Financial Conduct Authority said it was fining Christopher Niehaus £37198 over his failure to act with “due skill, care and diligence” in a tender to impress the people to whom he was leaking the information.
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Source: theguardian.com