https://orbitbrain.com/blog/brokered-cds-what-are-they-and-how-do-they-work-a-brokered-cd-offers-investors-higher-returns-and-longer-terms-than-a-traditional-cd-but-with-some-of-the-same-protections/
Brokered CDs: What Are They and How Do They Work? A brokered CD offers investors higher returns and longer terms than a traditional CD but with some of the same protections.