SIE: Brokered CD

Taken from our Securities Industry Essentials Exam

Definition of the term Brokered CD...

a CD that is sold by a broker-dealer. The broker-dealer often takes a commission on the sale, lowering the customer's overall return.

Since you're reading about SIE: Brokered CD, you might also be interested in:

Solomon Exam Prep Study Materials for the SIE
Please Enable Javascript
to view this content!