DEFINITION of 'SEC Form N-17f-2'
A filing with the Securities and Exchange Commission (SEC) that must be submitted by investment companies that have custody of securities or similar investments. The investment company is required to retain an independent public accountant to verify the company's securities and similar investments by actual examination three times during each fiscal year. The accountant must prepare a certificate stating that the examination has occurred and describing the examination and submit it to the SEC.
BREAKING DOWN 'SEC Form N-17f-2'
SEC Form N-17f-2 is also known as "Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies." It is required by Rule 17f-2 under the Investment Company Act of 1940. The purpose of this form is for the SEC to ensure that the certificate is properly attributed to the investment company.