The story is based on the Jordan Belfort penned memoir that tells of his days as a hard partying, drug addicted stockbroker who was indicted in 1998 for security fraud and money laundering and served a 22-month federal prison stretch.
Terence Winter of Boardwalk Empire wrote the adapted script.
Scorsese, DiCaprio, Emma Tillinger Koskoff, Irwin Winkler, Jennifer Killoran, Alexandra Milchan, Riza Aziz and Joey McFarland will produce the film
While there is no domestic distributor set as yet--a production start is being planned for August in New York.
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