Last Updated: December 2024 (Houston, TX)
Tracy Marie Longstreet Investigation Summary
Here’s What You Need to Know About Houston, TX Stockbroker Tracy Longstreet:
- Name: Tracy Marie Longstreet
- Current Employer: Not currently registered
- Prior Employers:
- UBS Financial Services Inc. (2009–2024)
- Morgan Stanley & Co. Incorporated (2007–2009)
- Morgan Stanley DW Inc. (2000–2007)
- Function: Stockbroker / Financial Advisor
- Aliases: Tracy Longstreet
- Primary Location: Houston, TX
- CRD Number: 1768525
- Can Tracy Longstreet Be Sued in FINRA Arbitration: Yes
- Sanctioned by FINRA: Yes-Barred from acting as a broker
- Highest Settlement or Award: $750,000- allegations of theft.
If you’ve sustained damages from Ms. Longstreet, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Tracy Longstreet as Your Stockbroker?
A customer of UBS Financial Services Inc. was paid $750,000 in November 2024 to settle allegations against Tracy Longstreet that alleged ongoing theft from accounts. The customer of UBS Financial alleged that IRA beneficiaries were improperly changed to benefit Tracy Longstreet’s family and/or friends. The case was filed with FINRA Arbitration under Docket Number 24-01220 and was settled in 11/2024.
Ms. Longstreet was permanently barred from acting as a broker or otherwise associating with a broker-dealer firm by FINRA on September 11, 2024, for failing to provide requested documents and information in connection with their regulatory investigation. The investigation related to customer allegations of misconduct involving account handling and improper changes to IRA beneficiaries.
Investigations involving Theft and Misappropriation of Customer Funds
Allegations of Broker Misconduct Against Tracy Longstreet
A customer of Tracy Longstreet alleged the following misconduct in connection with the handling of accounts:
- Ongoing Theft: Allegations that Ms. Longstreet engaged in theft from customer accounts during her tenure at UBS Financial Services Inc. (2015–2023).
- Unsuitable Account Changes: Improperly altering IRA beneficiaries to personally benefit her family and/or friends.
FINRA alleged:
- Regulatory Non-Compliance: Refused to cooperate with a FINRA investigation, violating FINRA Rule 8210, which mandates compliance with requests for documents and information.
The Financial Industry Regulatory Authority (FINRA) enforces strict guidelines requiring brokers to disclose customer disputes and regulatory actions. Ms. Longstreet’s actions led to a permanent bar, indicating severe misconduct and a breach of fiduciary duty.
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of other UBS Financial brokers
If you have suffered investment losses in an account handled by Tracy Longstreet, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.