New York has changed the broker that handles securities for the Office of Unclaimed Funds (OUF). Citibank is now the broker of record for the OUF. If your company is reporting securities, please make sure that the account numbers are updated before sending your wire transfer.
All transferred securities must be registered in the name of the Comptroller. Securities that are transferred in any other name will be returned, thus leading to interest assessments.
Specific instructions are available on the OUF website in the General Handbook, beginning on page 17.