UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 26, 2008
SALOMON SMITH BARNEY GLOBAL DIVERSIFIED FUTURES FUND L.P.
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(Exact name of registrant as specified in its charter)
New York 000-30455 13-4015586
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
c/o Citigroup Managed Futures LLC
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731 Lexington Avenue - 25th Floor
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New York, NY 10022
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(Address and Zip Code of principal executive offices)
Registrant's telephone number, including area code: (212) 559-2011
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Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 4.01 Changes in Registrant's Certifying Accountant.
(a) On June 26, 2008, the Board of Directors of Citigroup Managed Futures
LLC (the "General Partner"), the general partner of Salomon Smith Barney Global
Diversified Futures Fund L.P. (the "Registrant"), dismissed KPMG LLP ("KPMG") as
the registered public accounting firm for the Registrant.
The audit reports of KPMG on the Registrant's financial statements as of
and for the two most recent fiscal years (ending December 31, 2007 and December
31, 2006) did not contain an adverse opinion or a disclaimer of opinion, nor
were they qualified or modified as to uncertainty, audit scope or accounting
principles. The audit reports of KPMG on management's assessment of the
effectiveness of internal control over financial reporting as of December 31,
2006 and the effectiveness of internal control over financial reporting as of
December 31, 2007 and 2006 did not contain any adverse opinion or disclaimer of
opinion, nor were they qualified or modified as to uncertainty, audit scope, or
accounting principles.
During the Registrant's two most recent fiscal years (ending December 31,
2007 and December 31, 2006) and during the period from the end of the most
recently completed fiscal year through the date of this Form 8-K, there were no
disagreements between the Registrant and KPMG on any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
procedure, which disagreements, if not resolved to the satisfaction of KPMG,
would have caused it to make a reference to the subject matter thereof in its
report on the financial statements of the Registrant for such periods. During
the Registrant's two most recent fiscal years (ended December 31, 2007 and
December 31, 2006) and during the period from the end of the most recently
completed fiscal year through the date of this Form 8-K, there were no
"reportable events" (as defined in Regulation S-K Item 304(a)(1)(v)).
The General Partner, on behalf of the Registrant, has provided KPMG with a
copy of the foregoing disclosures and has requested that KPMG furnish it with a
letter addressed to the Securities and Exchange Commission stating whether it
agrees with the statements made by the Registrant set forth above. A copy of
KPMG's letter dated June 26, 2008 is filed as Exhibit 16.1 to this Form 8-K.
(b) On June 26, 2008, the Board of Directors of the General Partner, on
behalf of the Registrant, approved the engagement of PricewaterhouseCoopers LLP
("PWC") as the independent registered public accounting firm for the Registrant.
During the Registrant's two most recent fiscal years (ended December 31, 2007
and December 31, 2006) and the interim period prior to engaging PWC, neither the
Registrant, the General Partner, nor anyone on their behalf consulted PWC, on
behalf of the Registrant, regarding the application of accounting principles to
a specified transaction (either completed or proposed), the type of audit
opinion that might be rendered on the Registrant's financial statements, or any
matter that was either the subject of a "disagreement," as defined in Item
304(a)(1)(iv) of Regulation S-K and the instructions thereto, or a "reportable
event," as defined in Item 304(a)(1)(v) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. Description
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16.1 Letter dated June 26, 2008 from KPMG LLP to the Securities and
Exchange Commission regarding the disclosure contained in Item
4.01 of this report on Form 8-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
SALOMON SMITH BARNEY GLOBAL
DIVERSIFIED FUTURES FUND L.P.
By: Citigroup Managed Futures LLC,
General Partner
By /s/ Jerry Pascucci
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Jerry Pascucci
President and Director
By /s/ Jennifer Magro
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Jennifer Magro
Chief Financial Officer and Director
Date: July 1, 2008