Bloomberg BNA reached out to Dave Meyer to comment for their article “High-Yield
CD Offers Could Lead to Unsafe Ventures.” In the article, Meyer
explained that there is no such thing as a risk-free investment that offers
high returns on investment.
This comment was spurred on by a recent uptick in advertisements that claim
to offer higher-than-average CD yields. This prompted the Financial Industry
Regulatory Authority (FINRA) to publish an
investor alert warning consumers that these advertisements may just be a ploy for higher-commission
You can read the full article here.