While securities have long been a hot spot for unclaimed property issues, the past several years have seen a continued expansion of audit activity targeting broker-dealers, stock issuers, transfer agents, mutual funds, banks, and others in the financial services industry. Unclaimed property laws—and unclaimed property audits—can present a number of specific challenges in this space.
Additional contributors to this post:
Holly H. Smith, hollysmith@eversheds-sutherland.com
Mary Jane Wilson-Bilik, mjwilson-bilik@eversheds-sutherland.com
