Stratton Oakmont, Inc. was a Long Island, New York, over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush.
[1] Earlier, Belfort had opened a franchise of Stratton Securities, a minor league broker-dealer, and then bought out the entire firm.
Officials called Stratton Oakmont "one of the worst actors" in the securities industry, with a history of "obvious disregard for all rules of fair practice".
Leonardo DiCaprio stars as Belfort[11] and Jonah Hill plays Donnie Azoff,[12] a fictional character loosely based on Danny Porush.
The film presents Belfort's selection of "Stratton Oakmont" as the name for his company as a psychological trick: by using a seemingly respectable and supposedly historic name they could lure investors by appearing to be a professional, old brokerage firm.