What laws were broken in the movie Wolf of Wall Street?

It is endless parade of violations both criminal, marital, ethical and SEC financial laws. The person Jordan Belfort by the time he ended his stretch on Wall Street was most being chased by a number of law enforcement groups. He had severe a drug habit. A DUI problem. A driving record. read more

Their job is to get the best deal for their clients, and that is enshrined in financial law. This is the same as if you go to see a Financial Advisor - they're legally required to recommend what they honestly think is the best financial product for you (whether you're looking for a bank account, mortgage, loan, etc). read more

But, as Jordan himself says in The Wolf of Wall Street, "But the way we were using nominees-to secretly buy large blocks of Stratton new issues-violated so many security laws that the SEC was trying to invent new ones to stop us." . read more

A panel discussion on Wednesday at the Benjamin N. Cardoza School of Law in Manhattan brought together many of the original personnel from the FBI, U.S. Attorney’s office and other government regulators, as well as the lawyer who defended him, Ira Lee Sorkin (who incidentally also represented Bernie Madoff). read more