Attorney David P. Meyer was featured in an article on Securities Law Daily,
a publication of Bloomberg BNA, to talk about high-yield CD offers.
“There's no such thing as a federally insured or risk-free investment
that provides a high rate of return,” David P. Meyer told
Bloomberg BNA on Feb. 9.
Meyer was reached for comment on advertisements pitching higher-than-average
CD yields. According to a recent investor warning published by the Financial
Industry Regulatory Authority (FINRA), these offers could just be a ploy
for higher commissions. You can
read the investor alert here.
You can also
read the full text of the Securities Law Daily article featuring Dave Meyer here.