Stratton Oakmont was a Long Island, New York-based over-the-counter bulletin board broker-dealer that operated from 1989 until 1996, when it was shut down by the U.S. Securities and Exchange Commission for securities fraud. The firm was founded by Jordan Belfort and was the subject of the 2013 film The Wolf of Wall Street. In its early years, Stratton Oakmont was known for its aggressive cold calling tactics and boiler room sales environment. The firm was also known for its "pump and dump" scheme, in which Stratton Oakmont would use aggressive marketing to generate interest in a stock, then sell its own holdings at an artificially inflated price.
Stratton Oakmont was a Long Island, New York-based over-the-counter brokerage firm that was founded in 1989 by Jordan Belfort and Danny Porush. The firm was notorious for its aggressive sales tactics and was shut down by the Securities and Exchange Commission in 1996. The firm's name was later used by Belfort as the basis for his autobiographical novel, The Wolf of Wall Street.
Stratton Oakmont's merchandise and services are top notch and provide everything that a customer could need. The customer service is excellent and the prices are unbeatable. The company has a great reputation and is definitely a force to be reckoned with in the industry.