I use Wells fargo to make trades for etf’s and stocks. It would not allow me to trade a leveraged fund. When I called Wells Fargo, they told me that the “risk and reporting” division had to escalate my account to another level to be able to make these kinds of trades because they were “protecting me from myself.” Please tell me this is some kind of sick joke. What country am I living in? Then we he was about to escalate my account, he asks me “What industry are you in?” and then “What is your role in that industry?” When I told him politely that it is none of their damn business, he informs me that the SEC (security and exchange commission) has new “regulations” that require them to obtain this information before making the change to my account! 2 words my friends – RON PAUL.
Is This Country Turning Into a Big Brother Nation?
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