UPDATE 2-Another UBS client gets reduced tax fraud sentence

* Florida yacht broker gets two months in prison

* He had cooperated with U.S. probe into Swiss bank UBS

* British-born Robert Moran told court he was sorry (Updates with quotes from defendant, judge, details)

By Tom Brown

FORT LAUDERDALE, Fla., Nov 6 (Reuters) - A British-born Florida yacht broker and former client of Swiss bank UBS AG (UBSN.VX: Quote, Profile, Research) received a reduced, two-month prison sentence for tax fraud on Friday because he cooperated with a U.S. investigation into the bank.

It was the third case in two weeks in which a former client of UBS was treated with relative leniency because he had aided a federal investigation of the Swiss bank and its ties with wealthy Americans, who evaded taxes by hiding money in secret, offshore accounts.

Robert Moran, a slim, balding 58-year-old U.S. citizen born in Leicester, England, appeared shaken when U.S. District Judge James Cohn announced the jail term. The two-month prison term was to be followed by one year of probation.

Moran had faced a maximum three-year prison term. Prosecutors, citing his substantial cooperation with U.S. authorities, sought a sentence of no more than seven months.

"The defendant did produce timely, significant and complete assistance to the government," Cohn said in pronouncing sentence.