Hedge Funds

Spitzer may target Sihpol on additional late-trading charges


A month has passed since former Bank of America broker Theodore C. Sihpol III was found not guilty of 29 counts at a trial related to after-hours mutual funds trading by hedge funds that included Canary Capital Partners.

But New York State Attorney General Eliot Spitzer, who made headlines last year going after late-trading abuses by hedge funds, may not be giving up on Sihpol. Attorneys for Sihpol say Spitzer's office is considering bringing the former broker up on four charges that came before the grand jury but were not part of his Sihpol trial. The defense team says