Securities reporting is among the most operationally complex unclaimed property obligations any organization can face - layered across transfer agents, issuers, and brokers, shaped by divergent state dormancy rules, and complicated by valuation timing, due diligence requirements, and custody chain ambiguity.

In this session, Sovos General Counsel Freda Pepper and Senior Consulting Manager Brian McCarthy take a deep dive into what makes the securities industry uniquely challenging when it comes to unclaimed property compliance and why getting it right has never mattered more, with federal attention on the space intensifying through legislation, like the SAFER Act.

Key learnings include:

• Examine the layers of complexity that define securities unclaimed property reporting: dormancy and valuation determinations, owner due diligence obligations, transfer agent responsibilities across the custody chain, and the state-by-state variation that compounds them all.
• Understand what the growing federal scrutiny signal for securities holders and how to assess whether your current program is prepared for increased oversight.