“Wolf of Wall Street” may have just been a movie about out-of-control brokers but most of the action portrayed on the screen - stripper parties, dwarf tossing, cocaine binges and defrauding investors - happened in real life at the now-defunct firm Stratton Oakmont. Yet none of the brokers who worked at the notorious boiler room have been barred from the industry under a program set up by Wall Street’s self-regulator, the Financial Industry Regulatory Authority, reports the Wall Street Journal.

 

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