A federal judge on Tuesday denied a request by a former Citigroup Inc director to dismiss regulatory fraud charges over his alleged role in putting together and marketing a risky collateralized debt obligation. U.S. District Judge Jed Rakoff in Manhattan denied a request by Brian Stoker to dismiss U.S. Securities and Exchange Commission charges over his alleged role in the transaction, which caused more than $700 million of investor losses. More on Reuters here.
