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.