FINRA Issues New Investor Alert, High-Yield CDs: Red Flags That Signal a Scam

Source: FINRA Newsroom

WASHINGTON—The Financial Industry Regulatory Authority (FINRA) issued a new investor alert called High-Yield CDs: Red Flags That Signal a Scam [insert link] warning investors to be wary of promotions touting certificates of deposit (CDs) that promise interest rates that are substantially higher than current averages.

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