My broker left Wells Fargo because they "encouraged" him to make similar calls in 2007/2008 to shore up their bank reputation. I'll bet your bookie was really nervous about making that call if you have been with him for any legth of time. Call him on his private number after business hours and hopefully he will give you the real scoop. BTW, shortly thereafter, my broker of 20 years and my portfolio left WF.
