Subject: Re: Brokered CDs
I haven't bought a brokered CD. I use treasuries for my fixed income investing at this time. Got a ton of them. I rarely buy them at auction but instead just buy them through my brokers (I've used Schwab, Fidelity and TD Ameritrade) w/o any issues. I've yet to sell one so I'm not sure how that works.
I did some reading up (so take that for what it is worth) and read that CDs are FDIC insured but brokered CDs are NOT.
Rich