Official answer: Unsigned Certs in a lab environment are fine but in a Production Environment it's highly recommended that a cert signed by a trusted Certificate Authority (CA) be used. Use of certificates that are not signed by a CA can allow untrusted parties to intercept traffic by masquerading as your server. Not a good thing.
There are many documents online that go over the process of assigning a CA signed certificates. Here are the links that I use:
Source: Documentation Center for VMware Horizon 7
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