UPPO Announces Special Education Session for the Securities Industry

Jun 25, 2010, 17:01 ET from Unclaimed Property Professionals Organization

NEW YORK, June 25 /PRNewswire-USNewswire/ -- The unique challenges of unclaimed property (escheatment) compliance for the securities industry will be the focus of a special pre-session at the 2010 regional seminar for the Unclaimed Property Professionals Organization (UPPO) in Minneapolis.

"Compliance requirements unique to securities have grown increasingly complex," said Valerie Jundt, 2010 UPPO president. "We have heard from a large number of organizations - broker dealers, transfer agents, mutual fund companies, and even banks and insurance companies - saying they really need this information. So we're delighted to include such an important topic as part of our holder education and compliance seminar this year."

A panel of industry experts will help seminar attendees understand and navigate the complex web of unclaimed property compliance regulations governing securities. The pre-session also will address the intricacies of IRAs, which have grown in variety and complexity in recent years ... and the special challenge of complying with unclaimed property regulations when they conflict with the Securities and Exchange Commission's "lost shareholder" requirements (SEC Rule 17Ad-17).

"Unclaimed Property in the Securities Industry" will take place 3:30-5:00pm Monday, July 19, 2010 at the Hyatt Regency in downtown Minneapolis. For details or to register, go to www.uppo.org

2010 UPPO Regional Seminar

July 19-20, 2010

Hyatt Minneapolis

About the Unclaimed Property Professionals Organization www.uppo.org

UPPO is the premier resource for professional unclaimed property education, information, networking and advocacy. A trade association that began in 1992, UPPO is recognized as the voice for holders of unclaimed property. UPPO member companies represent a wide spectrum of industries that deal with unclaimed property, including manufacturing, healthcare, retail, insurance and financial services. Collectively, unclaimed property professionals make decisions and manage portfolios worth billions of dollars for their employers.

Contact: Jackie Cote, Association Manager

The Unclaimed Property Professionals Organization

#0080; 110 Wall Street, 11th Floor

New York, NY 10005 

Ph: 508-883-9065

SOURCE Unclaimed Property Professionals Organization