Former BlackRock fund manager Mark Lyttleton has been charged with three counts of insider dealing and will appear in court today, as part of an investigation that began in 2013.
Lyttleton (pictured), who ran a number of UK equity funds at BlackRock, was arrested in 2013 on suspicion of insider trading, after resigning from his role in March that year. Reports at the time revealed the manager was detained by the City of London Police on 30 April 2013 as part of a market abuse probe launched by the Financial Conduct Authority (FCA). The FCA has now revealed the former manager has been charged with three counts of insider dealing relating to trading in equities and a call option between 2 October and 16 December 2011. The regulator said the offence is punisha...
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