As long as it's grounded properly, there shouldn't be a safety issue. If it's not grounded properly, there are certain issues that can arise.
See if you can't browse some home improvement forums (Mike Holt is for professionals only, but may answer your question) and get an answer from the licensed electricians that are on there.
From the NFPA:
The most common error made in grounding CATV systems is connecting the coaxial
cable sheath to a ground rod driven by the CATV installer at a convenient location near
the point of cable entry to the building instead of bonding it to the electrical service
grounding electrode system, service raceway, or other components that make up the
grounding electrode system. A separate grounding electrode is permitted by the 2005
Code only if the building or structure has none of the grounding means described in
820.100(B)(1) or 820.100(B)(2), which is rare. The Code requires that some means
that is accessible and external to the service equipment be provided for making the
bonding and grounding connection for other systems. One of the following means must
be provided:
1. Exposed service raceways
2. Exposed grounding electrode conductor
3. An approved means for the external connection of a conductor (A 6 AWG
copper conductor with one end bonded to the service raceway or equipment with about
6 in. exposed is acceptable.)
Proper bonding of the CATV system coaxial cable sheath to the electrical power
ground is needed to prevent potential fire and shock hazards. The earth cannot be used
as an equipment grounding conductor or bonding conductor because it does not have
the low-impedance path required. (See 250.54.)
Both CATV systems and power systems are subject to current surges as a result of, for
example, induced voltages from lightning in the vicinity of the usually extensive
outside distribution systems. Surges also result from switching operations on power
systems. If the grounded conductors and parts of the two systems are not bonded by a
low-impedance path, such line surges can raise the potential difference between the
two systems to many thousands of volts. This can result in arcing between the two
systems, for example, wherever the coaxial cable jacket contacts a grounded part, such
as a metal water pipe or metal structural member, inside the building.
If a person is the interface between the two systems and the bonding has not been done
in accordance with the Code, the high-voltage surge could result in electric shock.
More common, however, is burnout of a television tuner, a part that is almost always
an interface between the two systems. The tuner is connected to the power system
ground through the grounded neutral of the power supply, even if the television set
itself is not provided with an equipment grounding conductor.
Also see the commentary following 250.92(B) and 820.93(B).