UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

_______________________

FORM 8-K

_______________________

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): ~~December~~June 1510, ~~2017~~2020 (May 13, 2020)

MS Structured Asset Corp. on behalf of SATURNS Trust No. 2010-04 (IP)

(Exact Name of Registrant as Specified in Charter)

Delaware	~~001~~333-~~34978~~165725, ~~333~~001-~~165725~~34978	13-4026700
(State or Other Jurisdiction of Incorporation)	(Commission File Numbers)	(IRS Employer Identification No.)
1585 Broadway, Second Floor New York, New York Attention: Qiong Sun		10036
1585 Broadway, Second Floor New York, New York Attention: In-Young Chase		10036
(Address of Principal Executive Offices)		(Zip Code)
Registrant’s telephone number, including area code: 212-761-1378
Registrant’s telephone number, including area code: 212-761-2457
	Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol

Name of Each Exchange on Which Registered

SATURNS Floating Rate Trust Series 2010-04 (IP)

MS21

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ~~[ ]~~ ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ~~[ ]~~ ☐

Section 68 ~~Asset-Backed~~Other ~~Securities~~Events

Item 68.0401 ~~Failure~~Other ~~to Make a Required Distribution.~~Events

On ~~December~~May 1513, ~~2017~~2020, athe ~~redemption of~~Bank ~~$1,336,000~~ of ~~the~~New ~~International~~York Mellon, ~~Paper~~as ~~Company~~Trustee ~~7.500%~~for ~~Notes (“Notes”) held by~~ the Trust ~~took place~~, ~~and~~received ~~under~~notice ~~the transaction~~of ~~documents,~~ a ~~distribution~~partial atredemption ~~par~~of ($1,410,000) ~~plus~~principal ~~accrued~~amount ~~interest~~of ~~from~~ the ~~available~~Bonds ~~proceeds~~held ofby the ~~redemption of the~~ ~~Notes~~Trust ~~should~~on ~~have~~June ~~been~~12, ~~made~~2020, onand the ~~same~~Trustee ~~day.~~provided ~~Due~~notice toof anthe ~~administrative~~partial ~~error,~~redemption ~~the~~of ~~distribution~~a ~~was~~corresponding ~~instead~~amount ~~made~~of onthe ~~December~~trust ~~18,~~certificates ~~2017.~~to ~~The~~the ~~additional~~holders ~~accrued~~of ~~interest~~trust ~~resulting~~certificates ~~from~~on ~~such~~June ~~delay~~3, ~~was~~2020. ~~paid~~A ~~from~~copy ~~funds available as a result~~ of ~~the~~such ~~waiver~~notice ofis ~~certain amounts~~attached ~~payable~~as toExhibit ~~the~~99.1 ~~swap counterparty~~hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

Date: ~~December~~June 2110, ~~2017~~2020

MS STRUCTURED ASSET CORP.

(Registrant)

By: _ /s/ In-Young Chase

Name: In-Young Chase

Title: Authorized ~~Signatory~~Person

EXHIBIT INDEX

Exhibit 99.1 Notice dated May 13, 2020

Filing Compare · MS Structured Floating Rate Trust Series 2010-04 (IP)