Unclaimed Property Landscape Update
Recorded On: 12/08/2021
Unclaimed property professionals deal with strict and complex compliance and reporting requirements. Join our webinar of industry experts, who will discuss timely themes and industry trends including:
- Legislative and regulatory matters
- Audit trends
- Policy and procedure best practices
Dana Terry (Moderator)
Unclaimed Property Consulting Director
Regulatory Compliance Manager, Abandoned Property Administration
In her role at SS&C, LeeAnn is responsible for the daily operations of the Abandoned Property Administration service. This includes overseeing the reporting and remittance of abandoned property to the various states and territories for approximately 200 clients.
LeeAnn’s strengths, developed over her 34 years of mutual fund transfer agency experience, lie in client relationship management, operations, and state abandoned property rules. Prior to joining SS&C, she held a similar position with both DST and Boston Financial Data Services, where she also managed their Abandoned Property Group for 22 years, 10 of which were at the officer level.
LeeAnn is a member of the Unclaimed Property Professional Organization, is the Co-Chair of the NICSA Abandoned Property Committee and actively participates in the DST Escheatment Advisory Group and the ICI Abandoned Property Task Force.
Senior Manager, Compliance
MarketSphere Unclaimed Property Specialists
Heather spearheads the monitoring of legislative and regulatory activity, litigation, and state-specific reporting changes relevant to unclaimed property. Utilizing her expertise, she is specifically focused on interpreting, tracking, and communicating changes to our internal practice teams and clients to ensure compliance in all reporting jurisdictions. In addition to providing guidance and support on legislative and regulatory activity related to privacy and data security, Heather also creates and maintains state-by-state documentation related to compliance obligations such as dormancy periods, due diligence, penalties and interest, record retention, and audit-related requirements. She further contributes by penning blog posts, hosting webinars, and is an active member of several trade organizations. Heather holds a law degree from Villanova University School of Law.
Regulatory Monitoring Specialist
Heidi Lastoria is a Regulatory Monitoring Specialist at MFS Investment Management and the company’s Unclaimed Property subject matter expert. Heidi has been in the Mutual Fund industry for over 20 years. She started her career in a dedicated IRA operations team with Federated Investors before managing an Operations team with MFS Investment Management.
In 2008, Heidi transitioned to her current role, which includes managing the lost shareholder and escheatment processes for MFS Investment Management. Since taking on this role, Heidi has become knowledgeable of SEC Rule 17Ad-17, RUUPA, and various state statutes relating to unclaimed property. She has been actively involved in responding to several state unclaimed property audits. Heidi is a regular contributor in several unclaimed property industry groups. She earned her Bachelor of Science in Business Management from the University of Phoenix in 2006.