(Bloomberg) -- A former JPMorgan Chase executive was barred from the brokerage industry for allegedly passing inside information on corporate mergers to a friend, FINRA said.

David Michael Gutman, a vice president in the conflicts office at JPMorgan’s brokerage unit, shared tips on deals from March 2006 to October 2007 with Christopher John Tyndall, who then made trades based on the information, the brokerage industry’s self-regulator said in a statement today. Tyndall was also barred, FINRA said.

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