Ex-Citi Exec Fights SEC's Leading Question Request For Trial

Law360, New York (July 6, 2012, 5:09 PM EDT) -- An ex-Citigroup Inc. executive accused by the U.S. Securities and Exchange Commission of marketing securities the bank had bet against asked a judge Friday to prohibit the agency from asking leading questions of witnesses at his upcoming trial.

Brian Stoker, the former director of the collateralized debt obligation structuring desk at Citigroup's Global Markets unit, said the SEC’s request that it be allowed to ask leading questions doesn’t pass the smell test.

“It is apparent that the SEC’s primary justification for this extraordinary request is that...
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