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 investments.
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