The Financial Conduct Authority (FCA) fined Christopher Niehaus of nearly thirty seven thousand pounds ($46,267, 43,081 euros) for "failing to act with due skill, care and diligence".
Niehaus, who was a managing director at Jefferies International Limited, shared information with a friend - also a client of the firm - about a competitor using the instant messaging application.
He revealed the identity of the client and the fee Jefferies would charge for their involvement in the transaction, boasting that he would be able to pay off his mortgage if one of the deals was successful.
Khalid Masood, the 52-year-old Briton who killed four people last week in a rampage in Westminster before being shot dead, reportedly used the Facebook-owned service moments before the assault.
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