Investing in Cash

Certificates of Deposit - CD

Should I ever buy CDs from a broker?

Since CD brokers outside of a bank or investment firm are largely unlicensed and unregulated by any state or federal authority, you should avoid purchasing CDs from a broker. However, if you want to purchase a CD from a broker/dealer, you should investigate the broker, and see if the company he represents has had any complaints, charges, or litigation.


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