SEC Form N-27D-1

DEFINITION of 'SEC Form N-27D-1'

A filing with the Securities and Exchange Commission (SEC) that must be submitted by the depositor or principal underwriter of an issuer of periodic payment plan certificates to indicate whether it has access to enough cash to meet its statutory refund obligations. SEC Form N-27D-1 reports the balance at the beginning of the period, deposits and withdrawals made, interest income earned, realized gains or losses, unrealized gains or losses, and the balance at the end of the period.

BREAKING DOWN 'SEC Form N-27D-1'

SEC Form N-27D-1 is also known as "Accounting of Segregated Trust Account." It is required under Rule N-27D-1 of the Investment Company Act of 1940 and allows the SEC to monitor compliance with reserve requirements.

RELATED TERMS
  1. Interest

    The charge for the privilege of borrowing money, typically expressed ...
  2. Investment Company Act Of 1940

    Created in 1940 through an act of Congress, this piece of legislation ...
  3. SEC Form N-30B-2

    A form filed with the SEC that applies to investment companies ...
  4. Deposit

    1. A transaction involving a transfer of funds to another party ...
  5. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  6. Underwriter

    An underwriter is a company or other entity that administers ...
Related Articles
  1. Investing Basics

    SEC Filings: Forms You Need To Know

    The forms companies are required to file provide a clear view of their histories and progress.
  2. Professionals

    Get A Job In Compliance

    If you're a stickler for rules, this could be a promising career path for you.
  3. Investing Basics

    Policing The Securities Market: An Overview Of The SEC

    Find out how this regulatory body protects the rights of investors.
  4. Personal Finance

    Who's Looking Out For Investors?

    If your account has been mishandled, FINRA and the SEC are among several organizations that can help.
  5. Your Practice

    RIAs: Here's What to Know About the Fiduciary Rule

    The real impact of the new Department of Labor bill has yet to be felt in the retirement industry, but changes are coming. Here's what to know.
  6. Economics

    What Is The Difference Between Revenue And Profit?

    Think of revenue as the top line of a company’s income statement. Profit is the infamous bottom line.
  7. Fundamental Analysis

    What Is A Good Gearing Ratio?

    Gearing ratios are useful for evaluating a company’s financial fitness through the figures found on its profit and loss statement.
  8. Economics

    Contrasting Gross Profit And Net Income

    The terms “profit” and “income” are largely interchangeable. But there is a real difference between the words “net” and “gross” in the business world.
  9. Investing Basics

    Comparing Bottom Line And Top Line Growth

    Both figures can determine a company’s financial strength, but they are not interchangeable.
  10. Budgeting

    Low-Income Households to Get Broadband Subsidy

    The FCC's recently approved broadband subsidy for low-income households should help many people get online. Not that everyone's in favor of it.
RELATED FAQS
  1. Where can I find a company's annual report and its SEC filings?

    Thanks to the Internet, finding financial reports is easier than ever. Nowadays, every reputable company has an investor ... Read Answer >>
  2. What happens to the fines collected by the Securities and Exchange Commission?

    When the Securities and Exchange Commission (SEC) enforces a civil action against a corporation or an individual found guilty ... Read Answer >>
  3. What is a good debt ratio, and what is a bad debt ratio?

    Learn about the factors that influence how investors and lenders evaluate the debt ratio for a company and why the answer ... Read Answer >>
  4. What exactly is insider trading?

    An "insider" is any person who possesses at least one of the following: 1) access to valuable non-public information about ... Read Answer >>
  5. What is the Writ of Mandamus?

    Learn how the powerful, but rarely used, court-ordered writs of mandamus can end an injustice and force someone, or a public ... Read Answer >>
  6. Are UTMA accounts escheatable?

    Find out whether your UTMA account can be escheated, the basics of escheatment and who is responsible for maintaining account ... Read Answer >>
Hot Definitions
  1. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  2. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  3. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  4. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
  5. Call Option

    An agreement that gives an investor the right (but not the obligation) to buy a stock, bond, commodity, or other instrument ...
  6. Economies Of Scale

    Economies of scale is the cost advantage that arises with increased output of a product. Economies of scale arise because ...
Trading Center