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Former Blackrock investment portfolio manager charged with insider dealing

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Staff Writer |
Blackrock
Britain   A fine or up to 7 years imprisonment

The Financial Conduct Authority (FCA) has instituted criminal proceedings against Mark Alexander Lyttleton , a former Investment Portfolio Manager at Blackrock Investment Management UK.

Lyttleton is charged with three counts of insider dealing, contrary to Section 52(1) of the Criminal Justice Act 1993. The offences relate to trading in equities and a call option between October 2, 2011 and December 26, 2011.

Lyttleton has been summonsed to attend City of London Magistrates’ Court on September 29, 2016. Insider dealing is a criminal offence that is punishable by a fine or up to 7 years imprisonment.


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