January 2019, Austin, TX
According to publicly available records Matthew T. Streif, a stockbroker registered with UBS Financial Services , discloses a customer dispute that was resolved by a cash settlement of $350,000.
The Financial Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In 12/2016, a customer of Streif’s prior employer, Morgan Stanley Smith Barney, filed FINRA case #16-03596, alleging that their account was churned and that profits were shared with the broker on equities, futures, commodities and exchange traded funds, from 2009 until 2015. The case was settled in 4/2018 for $350,000.
Streif has been employed by UBS Financial Services since October 2015. He was with Morgan Stanley from 2005-2015.
If you have questions about account handled by Matt Streif contact us for a no charge consultation to learn about your legal options for recovery of losses.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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