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.

Investopedia explains '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.



comments powered by Disqus
Hot Definitions
  1. Cash and Carry Transaction

    A type of transaction in the futures market in which the cash or spot price of a commodity is below the futures contract price. Cash and carry transactions are considered arbitrage transactions.
  2. Amplitude

    The difference in price from the midpoint of a trough to the midpoint of a peak of a security. Amplitude is positive when calculating a bullish retracement (when calculating from trough to peak) and negative when calculating a bearish retracement (when calculating from peak to trough).
  3. Ascending Triangle

    A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trendlines. In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trendline connects a series of increasing troughs.
  4. National Best Bid and Offer - NBBO

    A term applying to the SEC requirement that brokers must guarantee customers the best available ask price when they buy securities and the best available bid price when they sell securities.
  5. Maintenance Margin

    The minimum amount of equity that must be maintained in a margin account. In the context of the NYSE and FINRA, after an investor has bought securities on margin, the minimum required level of margin is 25% of the total market value of the securities in the margin account.
  6. Leased Bank Guarantee

    A bank guarantee that is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer looking to secure a bank guarantee, then lease a guarantee to that customer for a set amount of money and over a set period of time, typically less than two years.
Trading Center