SEC Form 10-D

SEC Form 10-D is a filing with the Securities and Exchange Commission (SEC), also known as the Asset-Backed Issuer Distribution Report. It is used by certain asset-backed security issuers to notify regulators and investors of interest, dividend and capital distributions. An asset-backed security is a financial security that has a pool of other assets, such as mortgages or car loans, as its underlying collateral.

SEC Form 10-D contains the supporting details surrounding previous or upcoming distributions from asset-backed securities. Information included on this form will include the total value of the distribution, timing of the distribution, and liquidation of the investments underlying the asset-backed security. SEC Form 10-D has become one of the most crucial forms for bond investors, regulators and government officials to examine in light of the sub-prime mortgage crisis. This form helps all interested parties to understand the exact nature of distributions being made by asset-backed bonds, such as mortgage securities or corporate bonds.