The New York State Attorney General’s office released the indictment of former Bank of America broker Theodore C. Sihpol, III yesterday, detailing the 40 counts of fraud, grand larceny, violation of general business and falsifying business records, he is facing.

Eliot Spitzer’s office has accused Sihpol of not only entering into a market timing agreement with hedge fund Canary Capital, but also arranging for an electronic trading platform to be provided to Canary to allow the firm to place trades as late as 8:30 P.M.

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