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Attention Structured CD Investors

Did you know that structured CD’s [certificates of deposit] are extremely complex products? A recent study indicated that on average, investors received only approximately 94 cents of value for each dollar invested in structured CD’s![1]

Structured CD investors are told that they can gain access to the markets while reducing their exposure to market risk. However, the SLCG study concludes that the much touted ‘market related gains’ are minimal.

In addition, those investors who purchase structured CD’s bear the credit risk of the issuing bank as FDIC insurance is limited.

However, as apparent in a recent case handled by our office, for older structured CD investors, the primary risk is that of liquidity risk, because there is no public source for market prices for structured CD’s. Older IRA investors who may be required to make RMD’s [Required Minimum Distributions] may find that they have to accept a significant discount to sell their structured CD when they have unanticipated liquidity needs.

If you believe you have been the victim of an inappropriate CD investment call or email for more information and a free consultation about how to recover losses your portfolio suffered due to negligence, misconduct, or investment fraud by a financial advisor or brokerage firm, contact Attorney Howard Rosenfield at (860) 677-4334 or email howardrosenfield@stockbrokerproblems.com .

Attorney Rosenfield is also available to speak on specific subject matter topics related to advisor negligence, misconduct, or investment fraud.

[1] SLCG Study, July 30, 2013 Available at SLCG.com.

Client Reviews
Howard Rosenfield is truly a life saver. After months of working with my financial advisor, I found out he was making risky investments without my knowledge. When I discovered how much money I lost, I thought there was nothing I could do. Howard explained all the difficult terms and what exactly my financial advisor did wrong. If it wasn't for Howard, I would never have recovered my losses and would be under extreme financial distress to this day. J.
Howard’s experience and advice throughout this ordeal was invaluable and reassuring. The law in general is complicated, difficult to understand and very personal. Financial misappropriation is even more personal but Howard’s years of experience and calm demeanor helped keep me calm, focused and moving forward. For anyone in need of a knowledgeable and experienced Investment Recovery Attorney I strongly recommend Howard. Laura
I was filled with anxiety and stress when I selected Attorney Howard Rosenfield to represent me. Instantaneously, I felt comfortable and at ease. Attorney Rosenfield listens attentively to the facts and asks questions and competently reiterates and verifies the accuracy and completeness of my statements. Perseverance, trustworthy and superb legal and communication skills mark Attorney Rosenfield to be one of the best in his field of law. Helen