Citigroup subsidiary Smith Barney said it put the kibosh on market timing activity it found in one of its funds in its Consulting Group Capital Markets Funds back in 2001, according to a recent regulatory filing.

The firm said that "governmental review" of the matters is continuing, although Smith Barney did not specify which regulator is probing the group, the Associated Press reports. However, the firm has previously said that both the SEC and the US Attorney are looking at trading practices at the firm.

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